OpenAI releases GPT-4o mini with 128K context at $0.15/$0.60 per 1M tokens
OpenAI released GPT-4o mini on July 18, 2024, a compact multimodal model with 128,000 token context window priced at $0.15 per million input tokens and $0.60 per million output tokens. The model achieves 82% on MMLU and claims to rank higher than GPT-4 on chat preference leaderboards while costing 60% less than GPT-3.5 Turbo.