# OpenAI Unveils Cheaper Small AI Model GPT-4o Mini 🤖

**URL:** <https://onehack.st/t/openai-unveils-cheaper-small-ai-model-gpt-4o-mini/287244>\
**Category:** News & Articles\
**Tags:** ai\
**Created:** [July 18, 2024, 8:26pm UTC](https://onehack.st/t/openai-unveils-cheaper-small-ai-model-gpt-4o-mini/287244 "2024-07-18T20:26:52Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![TheJoker](https://onehack.st/user_avatar/onehack.st/thejoker/32/22660_2.png) [@TheJoker](https://onehack.st/u/TheJoker)\
**Post date:** [July 18, 2024, 8:26pm UTC](https://onehack.st/t/openai-unveils-cheaper-small-ai-model-gpt-4o-mini/287244/1 "2024-07-18T20:26:53Z")

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**Summary:**

1. **New Launch** : OpenAI has introduced GPT-4o mini, a smaller and more affordable AI model designed to replace GPT-3.5 Turbo in ChatGPT, launched on Thursday.

2. **Cost Efficiency** : Priced at 15 cents per million input tokens and 60 cents per million output tokens, GPT-4o mini is over 60% cheaper than its predecessor, GPT-3.5 Turbo.

3. **Performance and Capabilities** : The new model outperforms GPT-4 on chat preferences and scores 82% on the Massive Multitask Language Understanding (MMLU) benchmark, indicating superior textual intelligence and reasoning across various domains. In comparison, Google’s Gemini Flash scored 77.9% and Anthropic’s Claude Haiku scored 73.8%.

4. **Future Support** : While currently supporting text and vision, OpenAI plans to expand GPT-4o mini’s capabilities to include text, image, video, and audio inputs and outputs.

[Read more on Reuters](https://www.reuters.com)
