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OpenAI Launches Affordable GPT-4o Mini Model for Developers

  • OpenAI introduces GPT-4o Mini, a lighter and cheaper model for developers, costing significantly less than full-sized models and more capable than GPT-3.5.
  • Starting today, ChatGPT users on Free, Plus, and Team plans can use GPT-4o Mini, with Enterprise users getting access next week. GPT-3.5 will be retired from the API eventually.
  • GPT-4o Mini supports text and vision in the API and will soon handle multimodal inputs and outputs like video and audio, making it suitable for simple tasks.
  • The model scored 82% on the MMLU benchmark, outperforming GPT-3.5 and competing models like Claude 3 Haiku and Gemini 1.5 Flash.
  • Developers can now build affordable AI applications, with companies like Ramp and Superhuman already testing GPT-4o Mini for expense data extraction and email auto-suggestions.

Source: The Verge, OpenAI

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by GroovyNoodleGeneralist

Goodbye Gen AI Wrapper Startups

OpenAI just released GPT 4 Turbo and and GPT builder, where you can just create a custom GPT in 5 mins. Insane!!

RIP to them cool tech bros who thought creating a wrapper startup is going to make them m/billionaires. Building a startu...

Top comments
user

Its very easy for Open Ai team to build. See which Wrapper startup has good value. Add it in next release. Boommmmm i...

user

The competition cannot catch up to the pace at which Open AI is operating

user

Guys, where does one start? If it is that easy, I can make a wrapper too. Got many ideas