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    Home » OpenAI releases GPT-4o Mini, a cheaper version of AI model
    Open AI-7.19
    Open AI-7.19
    AI

    OpenAI releases GPT-4o Mini, a cheaper version of AI model

    By Heidi LuoJuly 19, 2024No Comments3 Mins Read
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    • OpenAI launched GPT-4o Mini, a cheaper and streamlined version of its GPT-4o model for developers and enterprises.
    • GPT-4o Mini introduced new security features and extends the model’s utility to text and image processing, with plans to include more diverse content types.

    OUR TAKE 
    OpenAI, a leader in the field of artificial intelligence, has introduced a new, more cost-effective version of its latest AI model called GPT-4o Mini. The move aims to broaden its appeal and accessibility to developers and businesses, and provides a practical option for those requiring less intensive capabilities. The launch of GPT-4o Mini is a strategic move by OpenAI to meet the diverse needs of AI applications, from simple automated tasks to more sophisticated requirements. By introducing this scaled-down model, OpenAI is effectively responding to market needs and establishing a standard for scalable and secure AI deployment in a rapidly evolving technology environment.
    —Heidi Luo, BTW reporter

    What happened

    OpenAI has introduced GPT-4o Mini, a new, cost-effective variant of its advanced GPT-4o artificial intelligence model. Designed for a broader audience, this streamlined model aims to make AI technology more accessible to developers and business customers.

    This new AI model replaces GPT-3.5 Turbo within ChatGPT, while retaining some of the advanced features of the original GPT-4o. Initially, GPT-4o Mini will support text and image processing, with OpenAI planning to extend its capabilities to other content types in the future. This approach follows OpenAI’s strategy of releasing scaled-down versions of its technology to ensure broader and more adaptable applications across different industries.

    Despite its simplified design, GPT-4o Mini includes significant enhancements, such as the novel “instruction hierarchy” security feature. This mechanism is designed to prioritise certain instructions over others, significantly improving the model’s ability to prevent misuse.

    Also read: OpenAI’s ‘Strawberry’ project advances AI reasoning

    Also read: OpenAI delays ChatGPT’s new Voice Mode

    Why it’s important

    The practice of releasing simpler, more affordable AI models is common in the industry, with companies like Anthropic and Google’s Alphabet providing various options to cater to different needs. Smaller models handle routine tasks efficiently, while larger models take on more complex functions, and developers often integrate both to maximize efficiency.

    OpenAI launched GPT-4o in May. It showcased its enhanced capabilities as a digital assistant that can process both audio and visual information in real time. However, the rollout of some features has been delayed while OpenAI addresses security concerns.

    “In our mission to enable the bleeding edge, to build the most powerful and useful applications, of course we want to continue to do the frontier models, to push the envelope here, but we also want to have the best small models out there,” said Olivier Godement, head of product for OpenAI’s API, in an interview with Bloomberg.

    The GPT-4o Mini is currently available to free users and ChatGPT Plus and Team subscribers, with a planned rollout to enterprise customers next week, the San Francisco-based startup announced.

    generative AI features GPT-4o Open Ai
    Heidi Luo

    Heidi Luo is an intern reporter at Blue Tech Wave specialising in IT and tech trends. She graduated from Cardiff University. Send tips to h.luo@btw.media

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