Packaging change·Jul 1 → Oct 1, 2024·Q3 2024·AI & Machine Learning

OpenAI Launches Cost-Effective GPT-4o Mini Model at $0.150/1M Input Tokens, Revolutionizing AI Accessibility

OpenAIPackagingNew planFeature added

What changed

New plan

chatgpt-4o-latest model added to Other Models section with pricing $5.00/1M input tokens and $15.00/1M output tokens

Feature added

Fine-tuning support added for gpt-4o-mini-2024-07-18 with promotional free tier (2M training tokens daily through October 31, 2024)

New plan

o1-mini reasoning model introduced with pricing $3.00/1M input tokens and $12.00/1M output tokens (output includes internal reasoning tokens), tailored to coding, math, and science

New plan

gpt-4o-2024-08-06 model variant introduced with lower pricing: $2.50/1M input tokens (50% cheaper than base gpt-4o) and $10.00/1M output tokens (33% cheaper)

Feature added

Fine-tuning support added for gpt-4o-2024-08-06 with promotional free tier (1M training tokens daily through October 31, 2024)

New plan

GPT-4o mini model introduced with pricing $0.150/1M input tokens and $0.600/1M output tokens, positioned as cost-efficient replacement for GPT-3.5 Turbo

New plan

o1-preview reasoning model introduced with pricing $15.00/1M input tokens and $60.00/1M output tokens (output includes internal reasoning tokens)

Before and after

Jul 1, 2024 vs Oct 1, 2024

Pulse.

100%

Change 1 of 7 · plan added

chatgpt-4o-latest model added to Other Models section with pricing $5.00/1M input tokens and $15.00/1M output tokens

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Q2 2024 · OpenAI Introduces GPT-4o as Flagship Model with Competitive Pricing at $5.00/1M Input Tokens and $15.00/1M Output Tokens OpenAI Discontinues Fine-Tuning and Legacy Models, Introduces GPT-4.5 and New o3-mini Pricing for Enhanced Accessibility · Q4 2024

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