It’s here: OpenAI’s o3-mini advanced reasoning model arrives to counter DeepSeek’s rise
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.
MIT Technology Review57m
Following the lead of DeepSeek, OpenAI makes its reasoning model free
OpenAI just released o3-mini, a reasoning model that’s faster, cheaper, and more accurate than its predecessor.