OpenAI has recently unveiled GPT-4o mini, a new AI model designed to enhance accessibility to advanced language processing capabilities previously offered by the GPT-4 engine.

Priced competitively at 15 cents per 1 million input tokens and 60 cents per 1 million output tokens, GPT-4o mini offers significant cost savings compared to its predecessor, GPT-3.5 Turbo.

According to OpenAI, GPT-4o mini surpasses other models like Gemini Flash, Claude Haiku, and GPT-3.5 Turbo in benchmark tests, delivering results nearly on par with the larger GPT-4o model.

Targeted primarily at textual intelligence and multimodal reasoning tasks, GPT-4o mini excels in areas such as mathematical reasoning, coding, and multimodal interactions. The model boasts a context window capable of handling 128k tokens and integrates knowledge up to October 2023, with plans for future support for images, videos, and audio.

Rollout of GPT-4o mini begins immediately, replacing GPT-3.5 in Free, Plus, and Team subscriptions for end users, while enterprise clients will gain access to the model starting next week. This launch marks a significant step towards democratizing advanced AI capabilities across various user segments.