OpenAI released GPT-4o Mini, a cheaper model at $0.15 per million input tokens and $0.60 per million output tokens. It's available now on platform.OpenAI.com and in the Playground.
$0.15 per million input tokens
$0.60 per million output tokens
On platform.OpenAI.com (Playground; switch model from GPT-4o to GPT-4o Mini)
There's a brand new model from OpenAI that is 99% cheaper than the state of the art model just two years ago. OpenAI just kicked in the door across their social media platforms and they officially announced GPT4 mini. And here's the punchline. The pricing is ridiculous. We're looking at 15 cents for a million input tokens and 60 cents for a million output tokens. If you assume a 8020 distribution between input and output, you arrive at these numbers which you can then compare to price previous models here for platform.OpenAI.com playground you can actually switch from GPT4.O to GPT4O mini and start using this today.
