OpenAI has launched o3-mini, its most cost-effective reasoning model, designed to tackle complex tasks in science, math, and coding. This release follows the emergence of the DeepSeek R1 model, which has posed significant competition in the AI landscape. Amidst these developments, OpenAI is reportedly negotiating a substantial $25 billion investment from SoftBank as it aims to enhance its financial foundation. Users of ChatGPT Plus, Team, and Pro can access o3-mini immediately, while free users can explore its capabilities through the Reason option.
OpenAI's new o3-mini, a cost-efficient reasoning AI model, excels in science, math, and coding, making it a significant addition to their AI lineup.
With the launch of o3-mini, OpenAI seeks to regain its competitive edge following DeepSeek's disruptive R1 model, bringing advanced reasoning capabilities to developers.
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