OpenAI update: GPT-4o model to be upgraded on October 2nd

On Wednesday, October 2, 2024, OpenAI will update the default version of GPT-4o to the latest model, GPT-4o-2024-08-06. This new version introduces several benefits, including a 50% reduction in input token costs and a 33% reduction in output token costs. Additionally, it supports structured outputs via JSON, a feature that is especially useful for developers needing precise and predictable output formats.

Developers already using the GPT-4o API will be automatically switched to the new model starting October 2, unless they specifically opt for the older version, GPT-4o-2024-05-13. This upgrade not only lowers operational costs but also improves the efficiency and reliability of the model, especially for applications requiring fast, real-time text responses.

For those interested in exploring the new model before the update, it is already possible to specify the parameter gpt-4o-2024-08-06 in the API.

https://platform.openai.com/docs/models/gpt-4o

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