

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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Chinese AGI lab DeepSeek release open source model, trained on insanely low cost of $5.5 million, which is better than GPT-4o & Sonnet 3.5 !
For the majority of Indian startups : You cannot build a better datacenter than Microsoft. You cannot fundraise more than Sam or Elon. You cannot get more data than Google. But you actually can write 10x better code than any of them.

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