OpenAI has announced GPT-4o mini, a small model designed to make AI more accessible and affordable for developers, promising superior performance compared to previous models like GPT-4.
GPT-4o mini outperformed GPT-4 on chat preferences in the LMSYS leaderboard and scored 82% on the MMLU benchmark. It is priced at 15 cents per million input tokens and 60 cents per million output tokens, offering cost-effectiveness.
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