OpenAI has introduced a new smaller version of GPT-4o that is intended to make it cheaper for developers to incorporate the company's AI models into their apps. GPT-4o mini is a smaller version of GPT-4o that is capable of outperforming GPT 3.5 Turbo while being 60% cheaper. This makes it much more accessible to smaller developers who may previously have been put off by the cost of incorporating OpenAI's intelligence into their apps. The new model is also already available in the ChatGPT app, replacing GPT 3.5 for Free, Plus, and Team users, with the model coming to Enterprise users next week.
Source : https://www.pocket-lint.com/openai-introduces-gpt-4o-mini/
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