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OpenAI is releasing a cheaper, smarter model
OpenAI is launching a cheaper and smarter model dubbed GPT-4o Mini as a more accessible model for developers.
This new model achieved an 82 percent score on the Measuring Massive Multitask Language Understanding (MMLU), a benchmark exam consisting of about 16,000 multiple-choice questions across 57 academic subjects. OpenAI let the financial technology startup Ramp test the model, using GPT-4o Mini to build a tool that extracts expense data on receipts. Many developers would turn to Claude 3 Haiku or Gemini 1.5 Flash before paying the eye-watering compute costs required to run one of the most robust models.
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