OpenAI GPT 40 mini

OpenAI's most cost-efficient, multimodal small model: superior intelligence at high speed and scale.

GPT-4o mini is OpenAI’s advanced small model, delivering superior textual and multimodal intelligence at a fraction of the cost. It's priced aggressively at $0.15 per 1M input tokens and $0.60 per 1M output tokens (API), making it over 60% cheaper than GPT-3.5 Turbo. The model supports text and image inputs with a large 128K context window, achieving an 82% score on the MMLU benchmark. This combination of low latency and high capability makes it ideal for high-volume applications: think customer support chatbots, batch processing, or any system requiring multiple, fast API calls. It has replaced GPT-3.5 Turbo as the default model for free and paid ChatGPT users.

https://openai.com/index/gpt-4o-mini-advancing-cost-efficient-intelligence/