OpenAI: GPT-4o-mini (2024-07-18)

GPT-4o mini is OpenAI's newest model, following GPT-4 Omni, and is designed to support both text and image inputs, generating text outputs. As their most advanced small model, it provides state-of-the-art intelligence while being many multiples more affordable than other recent frontier models, and over 60% cheaper than GPT-3.5 Turbo. This makes it an exceptionally cost-effective solution for a wide range of AI applications. This model achieves an impressive 82% score on MMLU and currently ranks higher than GPT-4 on chat preferences in common leaderboards. It boasts a substantial 128K token context window and a maximum output of 4K tokens. Pricing is highly competitive at $0.15 per 1M input tokens and $0.60 per 1M output tokens. Its capabilities include vision, functions, code, and streaming, making it ideal for chat, code generation, and summarization tasks. Access is available at the STARTER tier.