According to TechFlow, on July 18, according to CNBC, OpenAI launched a new AI model "GPT-4o mini" on Thursday. OpenAI called it "the most powerful and cost-effective small model currently" and plans to integrate image, video and audio functions in the future.

GPT-4o mini is a faster, higher-quality derivative of GPT-4o that supports 50 languages. GPT-4o mini is available to all ChatGPT users starting Thursday and will be available to enterprise users next week.