OpenAI has launched a new 'reasoning' AI model, o3-mini, the successor to the AI startup's o1 family of reasoning models.

OpenAI just released o3-mini, a reasoning model that’s faster, cheaper, and more accurate than its predecessor.

The good news is that building with cheaper AI will likely lead to new AI products that previously wouldn’t have existed. It will likely turn expensive enterprise proof of concepts into actual ...

It's 63% cheaper than OpenAI o1-mini and 93% cheaper than the full o1 model, priced at $1.10/$4.40 per million tokens in/out.

OpenAI on Friday released o3-mini, an AI model that focuses on improved reasoning capabilities at a more modest cost than its ...