Here’s the real reason AI companies are slimming down their models

OpenAI’s ‘new mini’ version of GPT-4o is all about the economics of more complex AI-powered apps. OpenAI on Thursday announced GPT-4o mini, a smaller and less expensive version of its GPT-4o AI model. OpenAI is one of a number of AI companies to develop a version of its best “foundation” model that …


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