ChatGPT just got a new default model. It costs 15x less.
The past two weeks reset the cost floor for AI. OpenAI released GPT-4o mini on July 18, replacing GPT-3.5 Turbo as the default model for free ChatGPT users. At $0.15 per million input tokens, it costs fifteen times less than GPT-4o while scoring 82% on the MMLU benchmark.
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