OpenAI launches low-cost GPT-4o mini
OpenAI launched GPT-4o mini across its APIs and ChatGPT with text and vision support, a 128K context window, function calling and prices of $0.15 per million input tokens and $0.60 per million output tokens.
TOWARD DOOM62confidence 99/100
Why it moved the index
A capable multimodal and tool-using model became dramatically cheaper and immediately replaced GPT-3.5 for free ChatGPT users, materially expanding practical deployment and chained model use.
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Assessment history
- R1Toward 62 · confidence 99
New July 2024 immutable low-cost multimodal model release and broad deployment.
12 Aug 2026