Virtuwise

Smarter, Cheaper, Better: OpenAI's GPT-4o Mini

OpenAI has introduced GPT-4o Mini, a cheaper and more capable AI model than GPT-3.5, aimed at making AI more accessible and affordable for developers.

Kylie Robison writes for The Verge

The new, lightweight model will also support text and vision in the API, and the company says it will soon handle all multimodal inputs and outputs like video and audio. With all these capabilities, this could look like more capable virtual assistants that can understand your travel itinerary and create suggestions. However, the model is meant for simple tasks, so no one is exactly building Siri for cheap.

The move addresses the need for cost-effective AI solutions, allowing more developers to build applications without incurring high costs.