What Is GPT-4o-Mini? Powerful AI solutions at a lower price point.

GPT-4o mini is a smaller, more affordable version of OpenAI's GPT-4o model, offering a balance of performance and cost-efficiency for various AI applications.

Key Components

• GPT-4o mini retains the 128k token context window of GPT-4o.
• The model includes the same safety features as GPT-4o
• Works with both text and images.
• $0.00015 per 1.000 tokens - $0.15 per million tokens

What is Model Distillation?

Model distillation is the process of training a smaller model to mimic the behaviour and knowledge of a larger, more complex model.

GPT-4o-mini is the smaller model and GPT-4o is the bigger one. The smaller model had to predict the outputs of the larger model on a diverse set of input data.

The result is a smaller and more efficient, practical and affordable model.

Suggested Use Cases

As we mentioned before, GPT-4o-mini's size being small, low cost, and strong performance makes it perfect for use in:

• Laptops, smartphones and edge servers.
• Experimentation apps and refinement before scaling.
• Affordable and accessible for education institutions.
• Interactive experiences like chatbots, virtual assistants, etc.

Using GPT-4o-Mini vs GPT-4o

Here’s a simple guide on how to use GPT-4o Mini with the AzureOpenAI API. In the following code authenticate using your API key—create .env file with your actual API key. Once you’re set up, you can create an instance of AzureOpenAI.

In the following example we are asking the model to forecast our income money for August.

You can see the performance time of both models for the same example.

In the following example we are asking to provide ideas to improve our sales.

The result looks something like this:

Assistant: Absolutely! Here are three effective strategies to consider for increasing online sales:

1. Optimize Your Website for User Experience: - Improve Navigation: Ensure that your website is easy to navigate, with clear categories and a search function. - Mobile Responsiveness: Make sure your site is optimized for mobile devices, as a significant portion of online shopping is done through smartphones. - Speed and Loading Times: Optimize images and scripts to ensure fast loading times. A slow website can lead to cart abandonment.
2. Leverage Social Media and Influencer Marketing: - Engage with Your Audience: Create and post engaging content relevant to your products across platforms like Instagram, Facebook, and TikTok. Use stories, polls, and live sessions to interact with your audience. - Collaborate with Influencers: Partner with influencers who align with your brand to reach a wider audience. They can provide authentic reviews and promote your products to their followers. - Run Social Media Ads: Use targeted ads to reach specific demographics that may be interested in your products. Retargeting ads can also remind potential customers of items they've viewed.
3. Implement Email Marketing Campaigns: - Build a Subscriber List: Encourage visitors to sign up for your newsletter by offering promotions or exclusive content. - Personalized Promotions: Use segmentation to tailor your emails based on customer behavior or preferences, offering personalized product recommendations and special discounts. - Automate Abandoned Cart Emails: Set up automated emails to remind customers about items left in their shopping cart, possibly including an incentive, such as a discount.

By focusing on user experience, engaging through social media, and utilizing email marketing, you can effectively boost your online sales

Finally, we can also test this small model with images.

In our example we are asking about the following image:

The result lookes like this:

The image depicts a potentially dangerous situation where a person in the foreground appears to be unaware of another person approaching from behind in a dimly lit area. This scenario suggests a risk of harassment or assault.

Solution:

1. Awareness: Always be aware of your surroundings, especially in isolated or poorly lit areas.
2. Avoidance: If possible, avoid walking alone in such areas. Try to stay in well-lit, populated places.
3. Self-Defense: Consider carrying a personal safety device, such as a whistle, pepper spray, or a personal alarm.
4. Communication: Inform someone of your whereabouts and expected arrival time when traveling alone.
5. Training: Take self-defense classes to be better prepared to protect yourself in case of an emergency.

Conclusion

GPT-4o mini emerges as a robust and budget-friendly AI model, excelling in both functionality and price.

Derived from the larger GPT-4o framework, this model's extensive context window, multimodal functionality, and advanced safety measures contribute to its versatility and ease of use across various tasks.

With the increasing need for effective and affordable AI technologies, GPT-4o mini is poised to significantly contribute to making AI accessible to a broader audience.