GPT-4o stands for "omni", signifying a step towards more natural human-computer interaction. It accepts various inputs including text, audio, images, and video. It can also generate outputs in these formats. GPT-4o boasts impressive response times, processing audio inputs in as little as 232 milliseconds on average, which is close to human response time. This suggests GPT-4o offers significant improvements in speed and versatility compared to previous models.