OpenAI: GPT-4 (older v0314)
Analysis Summary
GPT-4 older v0314 is a text-only legacy variant with tool use and function calling. This record contains no benchmark measurements, while the 8K context window and high listed token prices limit its usefulness for current content, coding, and document workflows. Its age also makes it a poor starting point for a new agency integration.
A remaining role exists in existing systems that depend on this specific version or require predictable behaviour from a historical deployment. Any use should be limited to short, well-defined tasks with output checks. Design for Online would not select it for a new client workflow when newer models can offer broader context, lower cost, or measured capability.
Assessed August 9, 2026
Editorial notes
The older GPT-4 v0314 variant offers tool use and function calling, but it has no benchmark data here, an 8K context window, and high listed pricing. It should be retained only for legacy compatibility and tightly bounded tasks.
Rankings consider pricing, capabilities, benchmarks, and real-world applicability and are refreshed as new models launch. Feedback?
DFO Verdict
The older GPT-4 v0314 variant offers tool use and function calling, but it has no benchmark data here, an 8K context window, and high listed pricing. It should be retained only for legacy compatibility and tightly bounded tasks.
How OpenAI: GPT-4 (older v0314) compares
Its 8K-token context window is larger than 20% of the models we list. At $30.00 per million input tokens it is cheaper than 1% of comparable models.
Dark bar = input · light bar = output, scaled to the priciest peer.
1M tokens ≈ 8 full-length novels or ~2,500 pages of business documents in a single request.
Strongest on value. The pulled-in technical corner is the trade-off, and if the shape matters more than the price, this is your model.
Compare shapes side-by-side →Pricing
| Token Type | Cost per 1M tokens | Cost per 1K tokens |
|---|---|---|
| Input | $30.00 | $0.030000 |
| Output | $60.00 | $0.060000 |
What would OpenAI: GPT-4 (older v0314) cost your business?
Pick the job that looks most like yours, then fine-tune with the sliders. Estimates update live.
A website chatbot handling around 100 customer conversations a day, a few short messages each.
Full calculator with 688 models → Price Calculator
These numbers get smaller with the right architecture.
We route routine calls to cheap models and save OpenAI: GPT-4 (older v0314) for the hard ones. Most clients cut their estimate by 60-80%.
Talk to our teamAbout OpenAI: GPT-4 (older v0314)
GPT-4-0314 is the first version of GPT-4 released, with a context length of 8,192 tokens, and was supported until June 14. Training data: up to Sep 2021.
Frequently asked questions about OpenAI: GPT-4 (older v0314)
How much does OpenAI: GPT-4 (older v0314) cost?
OpenAI: GPT-4 (older v0314) costs $30.00 per million input tokens and $60.00 per million output tokens.
What is the context window of OpenAI: GPT-4 (older v0314)?
OpenAI: GPT-4 (older v0314) has a context window of 8,191 tokens (8K).
What can OpenAI: GPT-4 (older v0314) do?
OpenAI: GPT-4 (older v0314) supports tool use and function calling.
Who created OpenAI: GPT-4 (older v0314)?
OpenAI: GPT-4 (older v0314) is developed by OpenAI and was released on May 28, 2023.
