Focus on the BIG picture.
Friday, Jul 24, 2026

OpenAI Launches Cost-Efficient AI Model GPT-4o Mini

OpenAI, backed by Microsoft, launched the affordable and energy-efficient GPT-4o mini. Priced at 15 cents per million input tokens and 60 cents per million output tokens, it outperforms existing models in chat preferences and scored 82% on the MMLU benchmark. Accessible to ChatGPT Free, Plus, and Team users starting Thursday, it will be available to enterprise users next week.
OpenAI, a leader in AI software and backed by Microsoft, announced the launch of GPT-4o mini on Thursday.

This new small AI model is designed to be more affordable and energy-efficient.

Priced at 15 cents per million input tokens and 60 cents per million output tokens, GPT-4o mini is over 60% cheaper than its predecessor, GPT-3.5 Turbo.

The model outperformed GPT-4 in chat preferences and scored 82% on the Massive Multitask Language Understanding (MMLU) benchmark, surpassing Google's Gemini Flash at 77.9% and Anthropic's Claude Haiku at 73.8%.

The smaller model requires less computational power, making it a budget-friendly option for businesses.

Starting Thursday, ChatGPT’s Free, Plus, and Team users can access GPT-4o mini, with enterprise users gaining access next week.
Newsletter

Related Articles

0:00
0:00
Close
OpenAI Says Test Model Escaped Containment and Launched Cyberattack During Security Exercise
Former Venezuelan President Nicolas Maduro Appears in United States Court on Narco-Terrorism Charges
European Commission Clears Paramount Skydance's One Hundred Eleven Billion Dollar Acquisition of Warner Bros. Discovery
United States Senate Panel Advances Bill Targeting Chinese Connected Vehicle Technology
Ukraine Joins United States Military Drone Program as Russian Strikes Hit United Nations Aid Facilities
United States House Approves Defense Package Exceeding One Trillion Dollars Amid Conflict With Iran
United States and Saudi Arabia Finalize Civil Nuclear Agreement Allowing Domestic Uranium Enrichment
United States and Iran Escalate Military Confrontation as Oil Prices Climb
Global Stock Markets Retreat as Investors Cut Exposure to AI and Semiconductor Shares
Russia Hardens Position on Occupied Ukrainian Territory in Peace Talks
Ukraine Replaces Army Chief Amid Dispute Over Wartime Strategy
United States Threatens New Tariffs on Pharmaceuticals and Canadian Imports
United States Unveils Five-Billion-Dollar Genesis Mission to Expand Artificial Intelligence Research
Indian Parliament Suspended as Opposition Backs Mass Cockroach Movement Protests
OpenAI Reports Autonomous AI Models Breached Isolated Test Environment
British Prime Minister Andy Burnham Unveils New Cabinet and Ten-Year Economic Agenda
Federal Reserve Chair Kevin Warsh Signals Interest Rates Likely to Stay Higher for Longer
Chinese State Funds Inject Nearly Nine Billion Dollars to Support Stock Market
Ukraine Replaces Top Military Leadership Following Protests Over War Strategy
Houthi Naval Blockade Disrupts Saudi Oil Shipments in Escalation of United States-Iran Conflict
United States Imposes Sweeping Tariffs on Canadian Imports as Trade Dispute Escalates
Poland Warns Russia Could Use Captured Ukrainian Drones in False Flag Operations Near NATO Borders
Indian Opposition Leaders Detained During Nationwide Protests Over Examination Paper Leaks
Federal Judge Approves Record 1.5 Billion Dollar Anthropic Copyright Settlement
International Monetary Fund Cuts Global Growth Forecast to 3 Percent Amid Conflict and Energy Pressures
Ukraine Launches Long-Range Drone Attacks on Moscow as Russian Strikes Damage Aid Facilities
United States Imposes 50 Percent Tariffs on Canadian Imports as Trade Dispute Escalates
United States and Iran Exchange Heavy Strikes as Regional Conflict Intensifies
Miliband Sets Climate and International Law at Centre of UK Diplomacy
US Gasoline Returns to $4 as Renewed Iran Fighting Disrupts Oil Flows
Czech Central Bank Governor Rejects Early Euro Entry and Rate-Cut Pressure
Trump Orders 50% Tariffs on Selected Canadian Imports
Pentagon Discloses Nearly 100 US Troop Injuries During Renewed Iran Fighting
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
Protests Continue in Bologna After Moroccan Entrepreneur Dies During Police Arrest
Chinese AI Startup Moonshot Unveils Kimi K3 and Advances Hong Kong IPO Plans
Oil Prices Fall as Proposed US-Iran Ceasefire Eases Market Concerns
United States Imposes 50 Percent Tariffs on Key Canadian Imports as Trade Dispute Escalates
EU Imposes Record €550 Million Digital Services Fine on AliExpress
AI Enters the Pulpit as Pastors Debate the Limits of Machine-Assisted Sermons
London’s Housing Starts Collapse as Planning and Building Costs Stall Development
Charlie Sheen’s Daughter: "My Dad Didn’t Buy Me a House, My Breasts Bought It"
Vivienne Westwood Casts Cicciolina, 74, in Its New Autumn Campaign
Dejavu: Germany’s Military Expansion Reshapes Europe’s Strategic Balance With France
Naturally Conceived Identical Quadruplets Born in Rare Brisbane Delivery
Tate Brothers Fight British Extradition Bid After Miami Arrests
Spain Defeats Argentina After Extra Time to Win the 2026 FIFA World Cup
Israel Weighs Nationwide Ban on Civilian Drones Over Assassination Threats
International Monetary Fund Keeps Global Growth Forecast at Three Percent
Apple and United States Justice Department Begin Early Antitrust Settlement Talks
×