After two months of launching the GPT-4o ('Omni') model, OpenAI has introduced a faster and cheaper model — GPT-4o mini. The mini model is light and small but it scores 82% on the MMLU benchmark which is remarkable. For context, the flagship GPT-4o model scored 88.7 on the same MMLU benchmark test.
OpenAI announced smaller and cheaper model than GPT 3.5 Turbo | GPT-4o Mini
In addition to its capabilities, the mini model GPT-4o is incredibly cheap. It's even more affordable than Google's Gemini 1.5 Flash and Anthropic's Claude 3 Haiku models. It costs $0.15 to process 1 million input tokens and $0.60 for 1 million output tokens. In addition to that, it is a multimodal model, which means that it can also resonate with images and audio files.
As for general users, GPT-4o mini is already live for all ChatGPT users. Even if you have a free ChatGPT account, you can access the mini model directly. Additionally, ChatGPT Plus and Team users can also access the new OpenAI model starting today.
By the way, on the LMSYS leaderboard, the mini model GPT-4o outperforms Anthropic's largest Claude 3 Opus and OpenAI's GPT-4 models. It is clear that OpenAI has once again built a strong model that is fast, cheap and can be used by developers for all kinds of applications.
