On September 4, 2024, OpenAI released a new GPT-4o model, which features Structured Outputs and reduced pricing. Microsoft is also offering this new model at the same price, emphasizing benefits such as consistent data formats. OpenAI's guide to model selection highlights that switching from GPT-4o to GPT-4o-mini with fine-tuning can achieve equivalent performance for less than 2% of the cost using only 1,000 labeled examples. The development of AI models by OpenAI demonstrates a balance between scaling and optimization.
"GPT 4o is not much better than GPT 4" The journey of AI models, particularly those developed by @OpenAI, showcases a thoughtful balance between scaling and optimization. - Scaling vs. Optimization: Each era reflects a balance of expanding model capabilities (scaling) and… https://t.co/FzAk3MmXeu
📢 @OpenAI just released their guide to model selection, and it’s music to our data-centric AI hearts! 🎶 💡"By switching from GPT-4o to GPT-4o-mini with fine-tuning, we achieved equivalent performance for less than 2% of the cost using only 1,000 labeled examples." Read more…
By @pradeepviswav - OpenAI has released a new GPT-4o model with Structured Outputs and reduced pricing. Microsoft is also offering the new model at the same price, highlighting benefits such as consistent data formats. #OpenAI #Microsoft #Azure https://t.co/PQ1t9iHP1K