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OpenAI releases fine-tuning on GPT-4o to offer customization options

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Top stories today:

  1. OpenAI releases fine-tuning on GPT-4o to offer customization
  2. Phi-3.5 models released: on par with Llama 3.1, GPT 4o-mini
  3. $13B X buyout loans become longest ever to remain in banks’ books
  4. Defense tech startups raise $2.5B YTD, +19% from 2023
  5. Global foundry revenue +23% YoY in Q2

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

1. OpenAI releases fine-tuning on GPT-4o to offer customization options

A fine-tuned GPT-4o model (Genie) ranked #1 on the code-solving SWE-bench criterion, hitting 43.8%, the benchmark’s “largest ever improvement”:

  • Available now to paid usage tiers.

  • “Layer safety mitigations” implemented to avoid misuse.

  • Cost: $25/1M tokens for fine-tuning, $3.75 input, $15 output.

  • 1M free training tokens per day for every organization through Sep. 23.

  • Fine-tuning was earlier available on other OpenAI models, including GPT-4o mini.

A fine-tuned GPT-4o ranked #1, but still behind humans, on Distyl’s text-to-SQL benchmark

  • Automation and integration that scales processes and delivers insights.

  • From sale to billing and revenue recognition to general ledger and forecasting, get one system of record.

*Sponsored.

3. Phi-3.5 models released by Microsoft: 4B, open weights, on par with Llama 3.1, GPT 4o-mini

Phi-3.5-MoE 4B beats Llama 3.1 8B on most benchmarks, but still loses to GPT 4o-mini (size not divulged by OpenAI) on all but one:

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