According to Odaily, artificial intelligence startup OpenAI has introduced a new AI model named 'GPT-4o mini.' The company claims that this newly released model is powerful and cost-effective. OpenAI plans to integrate image, video, and audio functionalities into the model at a later stage. The 'o' in GPT-4o stands for 'omni,' indicating the model's comprehensive capabilities. GPT-4o has enhanced audio, video, and text features, enabling it to process 50 different languages with greater speed and higher quality.