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

OpenAI launched its cost-efficient o3-mini model in the same week that DeepSeek's R1 disrupted the tech industry.

OpenAI today released o3-mini, a new, more cost efficient model that's available for both ChatGPT and the OpenAI API starting ...

On the heels of DeepSeek R1, the latest model from OpenAI promises more advanced capabilities at a cheaper price.

Over the last week, OpenAI's place atop the AI model hierarchy has been heavily challenged by Chinese model DeepSeek. Today, ...