How cheap is GPT 4o-mini?
Welcome to our guide on how to calculate the API key cost for using GPT Breeze.
In short, it costs approximately $0.031875 per day, which is less than a dollar a month for summarizing 50 videos each day using GPT-4o mini. Below is the calculation:
Token usage for summarizing a 15-minute video:
Let’s assume the video transcript has about 1,500 words (approximately 100 words per minute).
Each word is roughly 1.5 tokens, so 1,500 words would be around 2,250 tokens.
For simplicity, let’s assume the summary uses about 500 tokens.
Average token usage per video:
Input tokens: 2,250
Output tokens: 500
Total tokens per video: 2,750
Cost per video:
Input cost: ( \frac{2,250}{1,000,000} \times 0.15 = $0.0003375 )
Output cost: ( \frac{500}{1,000,000} \times 0.60 = $0.0003 )
Total cost per video: ( $0.0003375 + $0.0003 = $0.0006375 )
Cost for 50 videos:
Total cost per day: ( 50 \times 0.0006375 = $0.031875 )
So, summarizing 50 videos each day would cost you approximately $0.031875 per day, which is less than a dollar a month.
What is OpenAI API Key?
An OpenAI API Key is a unique identifier used to authenticate and authorize access to OpenAI models such as GPT-4o mini with stable, reliable, and fast priority access. It operates on a pay-as-you-go basis.
I purchased GPT Breeze, do I need an API Key
Yes. Picture this: GPT Breeze is like a car, and the AI model from OpenAI (such as GPT-4o mini) is the fuel. The car needs fuel to run; the GPT Breeze extension is the tool that brings the "smartness" of the model to your browser.
Why is Using an OpenAI API Key Better than ChatGPT Plus Subscription?
The API key offers a pay-as-you-go model, while ChatGPT Plus requires a fixed monthly fee of $20. Since GPT-4o mini is very affordable, let's do the calculation bellow.
4. Copy your API key to GPT Breeze Extension
Install the GPT extension if you haven't done so already.
After install successfully, open Extensions Menu:
Click on the extensions icon located at the top right corner of the Chrome browser. This icon looks like a puzzle piece.
From the dropdown menu, click on “GPT Breeze.” This will open the GPT Breeze extension settings.
Configure GPT Breeze:
In the GPT Breeze settings window, choose “API GPT-4o mini” from the dropdown menu under “Choose default AI Model.”
Paste your OpenAI API key into the designated field. This key will enable the extension to access the OpenAI services.
For security reason, GPT Breeze keeps your API token secure in your browser. We don't store it elsewhere, and we don't use it for any other purpose. Any question please email to yourfriend@gptbreeze.io for clarification.
Additional Settings:
You can check the API cost by clicking on the “Check API cost” link.
Select your preferred language from the dropdown menu.
Adjust the theme settings if needed to match your preference.
You’re now set to start using OpenAI’s powerful LLM models! Keep your API key secure and dive into the world of AI with GPT Breeze.
What next?
Visit our home page www.gptbreeze.io to explore how to enhance your productivity and learn with the GPT Breeze Extension.