OpenAI: GPT-4o-mini (2024-07-18)
GPT-4o mini is OpenAI's newest model after [GPT-4 Omni](/models/openai/gpt-4o), supporting both text and image inputs with text outputs. As their most advanced small model, it is many multiples more affordable than other recent frontier models, and more than 60% cheaper than [GPT-3.5 Turbo](/models/openai/gpt-3.5-turbo). It maintains SOTA intelligence, while being significantly more cost-effective. GPT-4o mini achieves an 82% score on MMLU and presently ranks higher than GPT-4 on chat preferences [common leaderboards](https://arena.lmsys.org/). Check out the [launch announcement](https://openai.com/index/gpt-4o-mini-advancing-cost-efficient-intelligence/) to learn more. #multimodal
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