OpenAI has unveiled o3-mini, a new AI model designed to make advanced reasoning tasks more accessible to everyone. This model is now available to all ChatGPT users, including those on the free tier, marking the first time free users can experience such capabilities. For those on paid plans, o3-mini offers increased usage limits, allowing up to 150 messages daily.
One of the standout features of o3-mini is its efficiency. It excels in areas like math and coding, delivering responses 24% faster than previous models. Additionally, it operates at a significantly reduced cost, being 63% less expensive to run than its predecessor. This efficiency doesn’t come at the expense of performance; o3-mini matches or even surpasses earlier models in technical tasks. Developers also have the flexibility to adjust the ‘reasoning effort’ to balance speed and accuracy according to their needs. Read more here.