Should We Use GPT-4o API? OpenAI's Most Advanced, Faster, and Cheaper Model Compared to GPT-4 Turbo

OpenAI has introduced GPT-4o in the API, a highly efficient and cost-effective model. GPT-4o offers substantial improvements over GPT-4 Turbo, including reduced pricing, faster response times, and higher rate limits. Additionally, it supports text, vision, and soon, audio and video capabilities, making it an attractive option for developers.
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Introducing GPT-4o and more tools to ChatGPT free users
https://openai.com/index/gpt-4o-and-m...

Key Takeaways:

✩ Cost Efficiency: GPT-4o is 50% cheaper than GPT-4 Turbo, with pricing set at $5 per 1 million input tokens and $15 per 1 million output tokens.
✩ Enhanced Performance: The model boasts 2x faster latency and will soon offer 5x higher rate limits, ramping up to 10 million tokens per minute.
✩ Extended Capabilities: GPT-4o supports text and vision capabilities, with improved non-English language support and a 128k context window. Future updates will include audio and video capabilities.

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