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 CEO Sam Altman teased exactly two weeks ago that o3-mini would ship in “a couple of weeks,” and it’s arriving on time ...