Nick Lafakis’ Post

View profile for Nick Lafakis

Technical Solutions Engineer | AI Specialist - Bridging the gap between AI & ROI

10 out of 10 new products cost more and are harder to obtain than their predicessor. "AGI is not possible at this level of compute..." "It will take years before we become more efficient..." "AI hype..." Meanwhile the field plows forward at exponential rates every week making progress we didn't think would be possible in this short an amount of time. The latest model is not just faster but also less than half of the cost it's predicessor, and takes less than a minute to swap out the API key to obtain it.

View profile for Aadit Sheth

AI for Business. 500k+ followers. Free Newsletter: neatprompts.com

AI just got 60% cheaper and 10x more powerful. OpenAI's new GPT-4o mini is the reason why. Here's what you need to know: _____ GPT-4o Mini is OpenAI's latest cost-efficient AI model. It is affordable, accessible, and designed for tasks like customer support and data extraction. _____ 1. Breakthrough performance GPT-4o Mini outperforms GPT-3.5 Turbo. It excels in textual intelligence and reasoning (82% on MMLU), math, coding, and multimodal reasoning. _____ 2. Unbeatable pricing 15¢ per million input tokens. 60¢ per million output tokens. 60% cheaper than GPT-3.5 Turbo. _____ 3. Versatility Supports text and vision inputs. 128K token context window. Knowledge cutoff: October 2023. _____ 4. Speed It's significantly faster than its predecessors. Perfect for real-time applications. _____ 5. Developers can now access the model through the OpenAI API It's also available to consumers on the ChatGPT website and mobile app. _____ 6. Future Plans OpenAI will soon introduce fine-tuning capabilities for GPT-4o mini, enabling developers to customize the model for specific applications. _____ It's free for everyone. Have you tried it yet? #ai #gpt4omini #openai

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics