OpenAI and Microsoft have launched the GPT-4o Mini, a budget-friendly AI model.

Priced at 15 cents per million input tokens and 60 cents per million output tokens.

GPT-4o Mini surpasses GPT-3.5 Turbo in reasoning tasks, math and coding, and multimodal reasoning.

It achieves an 82% score on the Massive Multitask Language Understanding benchmark.

Outperforms competitors like Google's Gemini Flash and Anthropic's Claude Haiku.

Supports text and vision inputs and outputs with future plans for text, image, video, and audio functionalities.

Includes safety measures like content filtering and reinforcement learning.

Developers can fine-tune the model through various APIs.

Release aligns with the development of the 'Strawberry' reasoning AI model and potential SEC investigations.

Available to ChatGPT users and developers, with enterprise access expected soon.

Could strengthen OpenAI's market position and benefit investor Microsoft.

May align with Apple's AI-enhanced iPhone model partnership with OpenAI.