• Latest
  • Trending
OpenAI unveils GPT-4o Mini: A new era in cost-efficient AI

OpenAI unveils GPT-4o Mini: A new era in cost-efficient AI

July 19, 2024
MSport 2025

MSport 2025: Nigeria’s #1 Sports Betting Site, Powered by Chelsea & BVB

September 25, 2025
MNT-Halan introduces Egypt’s first secure lending solution via Halan App

MNT-Halan introduces Egypt’s first secure lending solution via Halan App

September 25, 2025
Visa, intella partner to boost MENA’s financial institutions with Arabic conversational AI

Visa, intella partner to boost MENA’s financial institutions with Arabic conversational AI

September 25, 2025
Airtel Africa invests in education with 100 scholarships and new tech hubs

Airtel Africa invests in education with 100 scholarships and new tech hubs

September 25, 2025
SINOTRUK enters Libya with Aseel Auto as exclusive distributor in Benghazi

SINOTRUK enters Libya with Aseel Auto as exclusive distributor in Benghazi

September 25, 2025
Tango Brook launches digital card for fuel management

Tango Brook launches digital card for fuel management

September 25, 2025
AI in Nigeria announces 3rd edition of InnovationAI

AI in Nigeria announces 3rd edition of InnovationAI

September 25, 2025
Interswitch Unveils Quickteller Travel to Transform African Travel Experience

Interswitch Unveils Quickteller Travel to Transform African Travel Experience

September 25, 2025
Alibaba, Nvidia collaborate to expedite humanoid robot development

Alibaba, Nvidia collaborate to expedite humanoid robot development

September 25, 2025
OpenAI expands $500 Stargate AI initiative in partnership with Oracle and SoftBank

OpenAI expands $500 Stargate AI initiative in partnership with Oracle and SoftBank

September 25, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Technology AI

OpenAI unveils GPT-4o Mini: A new era in cost-efficient AI

Olanrewaju Adeniyi by Olanrewaju Adeniyi
July 19, 2024
146 4
0
OpenAI unveils GPT-4o Mini: A new era in cost-efficient AI
466
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

OpenAI has launched GPT-4o Mini, a groundbreaking small model designed to power ChatGPT and other AI applications with enhanced efficiency and performance. This latest innovation, announced on Thursday, July 18, 2024, aims to democratise access to advanced AI by significantly reducing costs while maintaining high-quality outputs.

GPT-4o Mini is now available at a highly competitive price of 15 cents per million input tokens and 60 cents per million output tokens. This cost-effective pricing structure makes it accessible for a broader range of applications, from startups to large enterprises.

Read also: Unveiling the First Miss AI: Kenza Layli

Despite its compact size, GPT-4o Mini offers robust performance across various tasks. It supports both text and vision inputs and outputs, making it versatile for diverse applications such as customer service, content creation, and interactive virtual assistants. This versatility opens up a world of possibilities, inspiring you to explore new and innovative uses for AI.

RelatedPosts

OpenAI expands $500 Stargate AI initiative in partnership with Oracle and SoftBank

OpenAI to deploy superintelligence with 10 gigawatts of NVIDIA systems

Palestinian uses ChatGPT,  jet ski to escape Gaza

Benchmark performance and advanced capabilities of the GPT-4o Mini

GPT-4o Mini performs exceptionally well in several vital benchmarks. For example, its result in the Massive Multi-task Language Understanding (MMLU) test reveals that it can handle complicated language tasks exceptionally.

As a result of its performance in the Math and General Science Models (MGSM) test, it displays a high level of competency in reasoning, mathematics, and coding, which makes it a handy instrument for educational and technological purposes. 

Read also: OpenAI’s Strategy to Empower Humans in AI Training

GPT-4o Mini’s commitment to safety

OpenAI is demonstrating its continued dedication to safety with the release of the GPT-4o Mini. Since artificial intelligence technology is becoming more and more integrated into day-to-day operations, the model must incorporate improved safety features to guarantee safe and responsible usage. 

The introduction of the GPT-4o Mini is a manifestation of OpenAI’s ongoing mission to make cutting-edge artificial intelligence available to a wider audience. OpenAI makes it possible for more enterprises and developers to take advantage of powerful artificial intelligence to develop creative solutions by decreasing the cost barrier.

The GPT-4o Mini is a significant achievement in artificial intelligence (AI) by combining low cost, excellent performance, and improved safety precautions. It is anticipated that this new paradigm will bring about a change in the way that businesses and developers employ artificial intelligence, thereby making advanced technology more accessible than it has ever been before.

Tags: ChatGPTGPT-4o MiniOpenAI
Olanrewaju Adeniyi

Olanrewaju Adeniyi

Olanrewaju is a creative media professional focused on tech storytelling and digital content creation. He produces engaging content on tech, AI, software, and innovation. He also trains staff on using AI tools for research, video editing, and productivity.

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.