OpenAI lowers prices for GPT-4o and introduces new Structured Outputs feature, increasing competition with Google and improving opportunities for AI developers.
OpenAI updates
GPT-4o price reduction
OpenAI has announced a significant price reduction for its cutting-edge multimodal model GPT-4o. The new version gpt-4o-2024-08-06 is now available at a more attractive price: $2.50 per million input tokens and $10.00 per million output tokens. This represents a significant price reduction of 50% for input and 33% for output tokens compared to the previous version gpt-4o-2024-05-13.
Competition in the AI market
OpenAI's current price cut comes amid intense competition from Google, whose Gemini 1.5 Pro model is priced at $3.50 per million input tokens and $10.50 per million output tokens. This price war between tech giants is seen as a positive for developers as it encourages innovation and makes powerful language models more accessible.
Implementing Structured Outputs
OpenAI also announced a new Structured Outputs feature in its API. This technology generates JSON output that exactly matches the schemas provided by the developers. This is a significant improvement over the previously introduced JSON mode, which did not guarantee compliance with a specific schema.
SDK Expansion
The company has updated its Python and Node SDKs to include built-in support for Structured Outputs. This feature is now available for all OpenAI models that support API function calls, including gpt-4o, gpt-4o-mini, gpt-4-0613, and gpt-3.5-turbo-0613. Developers can use this capability across a variety of APIs, including Chat Completions, Assistants, and Batch, even when working with visual inputs.
Glossary
- OpenAI is a company specializing in the development of artificial intelligence
- GPT-4o - an advanced multimodal language model from OpenAI
- Google - a technology giant competing with OpenAI in the field of AI
- Gemini 1.5 Pro - language model developed by Google
- JSON - data format used for structured information exchange
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Answers to questions
What changes have occurred in OpenAI's pricing policy for the GPT-4o model?
How does OpenAI's pricing compare to its competitors?
What are Structured Outputs and what benefits do they provide?
On which models is Structured Outputs available?
How is price competition expected to affect the development of language models?
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Discussion of the topic – GPT-4o: OpenAI's AI Accessibility Revolution
OpenAI has lowered the price of GPT-4o, making the cutting-edge multimodal model more affordable than Gemini 1.5 Pro. New rates: $2.50 for 1 million input tokens and $10.00 for 1 million output tokens.
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Liam
Wow, OpenAI is cutting prices on GPT-4o again! This is great news for developers. 🎉 I wonder how Google will respond to this move?
Sophie
Yes, Liam, that's impressive! A 50% reduction on input tokens is serious. I think Google will have to work harder to stay competitive. But you know what makes me most happy? This price war could lead to a real breakthrough in AI! 🚀
Hans
Sophie, you're right! I can already see how this competition is spurring innovation. Structured Outputs are just a dream for developers. Imagine how much easier it will be to integrate AI into existing systems! 💻
Isabella
Guys, have you noticed that Structured Outputs are now available even with visual inputs? This opens up so many possibilities for multimodal applications! 👀 Hans, have you already thought about how this can be applied in your projects?
Viktor
Ugh, that AI hype again. Just think, prices have been reduced, just think, new functions. They're just toys for geeks anyway. It would be better to do something useful instead of writing code day and night.
Liam
Viktor, don't be such a skeptic! AI is already changing the world for the better. Take at least medicine or education. As for code, AI helps you write it more efficiently, freeing up time for creativity and innovation. 🌟
Amelia
I support Liam! Viktor, just imagine how AI can help solve global problems. By the way, I recently read about a project where GPT-4 is used to analyze climate data. This is a breakthrough! 🌍
Sophie
Amelia, this sounds amazing! Do you know what else impresses me? It's how fast this area is developing. Just a year ago we could only dream of such opportunities, but now they are available to almost every developer. I wonder what awaits us in a year? 🤔