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.
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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.
Assessment history
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R1
Toward 62 · confidence 99
New July 2024 immutable low-cost multimodal model release and broad deployment.
12 Aug 2026
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DoomBench assesses “OpenAI launches low-cost GPT-4o mini” as evidence moving toward doom, with magnitude 62 and confidence 99 out of 100 in the deployment reach category.
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The DoomBench assessment of “OpenAI launches low-cost GPT-4o mini” is based on reporting from OpenAI and records the editorial rationale, source quality, attribution, and revision history.
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DoomBench summarizes “OpenAI launches low-cost GPT-4o mini” as follows: 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...
https://www.doombench.com/news/openai-launches-low-cost-gpt-4o-mini-2024-07-18