An OpenAI rival says its new AI model is not only cheaper to run than GPT-4, but it's also more useful

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An OpenAI rival says its new AI model is not only cheaper to run than GPT-4, but it's also more useful

From left: Ivan Zhang, Aidan Gomez, and Nick Frosst, the co-founders of Cohere.CohereCohere unveils fine-tuned AI model it says outperforms GPT-4 on some tasks. The model is also cheaper to run, costing up to 15 times less than larger AI systems. Cohere is betting on cheaper, business-focused AI as it tries to compete with OpenAI and Anthropic.OpenAI rival Cohere has unveiled an updated AI model it says is more useful and cheaper to run than GPT…