Connect with us

Hi, what are you looking for?

Fibonacci Tech News

OpenAI is releasing a cheaper, smarter model

Image: The Verge

OpenAI is releasing a lighter, cheaper model for developers to tinker with called GPT-4o Mini. It costs significantly less than full-sized models and is said to be more capable than GPT-3.5.

Building apps using OpenAI’s models can rack up a huge bill. Developers without the means to afford to tinker with it can get priced out of it entirely and may opt for cheaper models like Google’s Gemini 1.5 Flash or Anthropic’s Claude 3 Haiku. Now, OpenAI is entering the light model game.

“I think GPT-4o Mini really gets at the OpenAI mission of making AI more broadly accessible to people. If we want AI to benefit every corner of the world, every industry, every application, we have to make AI much more affordable,” Olivier Godement, who leads the…

Continue reading…

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...