![OpenAI Launches Cost-Efficient GPT-4o Mini AI Model OpenAI Launches Cost-Efficient GPT-4o Mini AI Model](https://h2g6j3q2.rocketcdn.me/wp-content/uploads/2024/07/GettyImages-1647522284-openAI-military.jpg.webp)
A new AI model, GPT-4o mini, has been launched by OpenAI, the leading company in the AI software space backed by Microsoft. The release on Thursday introduced this cost-efficient and energy-saving model, designed to make advanced AI technology more affordable and accessible, targeting a broader customer base.
The GPT-4o mini has been priced at 15 cents per million input tokens and 60 cents per million output tokens, marking it over 60% cheaper than GPT-3.5 Turbo. Despite the…
Read the full article here