OpenAI GPT-4o Mini Launched As the Company’s Most Cost-Effective Small AI Model

OpenAI released its latest artificial intelligence (AI) model, GPT-4o Mini, on Thursday. It is a small AI model, and the company says it is its most cost-effective model to date. While the company did not specify the parameter size of the model, it highlighted that it is on par with other small language models (SLM). GPT-4o Mini is replacing GPT-3.5 Turbo on ChatGPT f…