ChatGPT users now have a new model to use after OpenAI made o3-mini available to the public.
The new model is designed to be more cost-efficient and comes after a preview back in December.
The launch of o3-mini appears to come at a time when OpenAI is dealing with something of a mini-crisis of faith. The Chatbot world is currently obsessed with Chinese company DeepSeek after it launched its own product recently.
That product is cheaper than the standard ChatGPT offering and, in some tests at least, outperforms it as well. But with o3-mini, OpenAI thinks it has the answer.
We’re releasing OpenAI o3-mini, the newest, most cost-efficient model in our reasoning series, available in both ChatGPT and the API today. Previewed in December 2024, this powerful and fast model advances the boundaries of what small models can achieve, delivering exceptional STEM capabilities—with particular strength in science, math, and coding—all while maintaining the low cost and reduced latency of OpenAI o1-mini.
OpenAI also notes in its announcement blog post that the new model is “our first small reasoning model that supports highly requested developer features including function calling(opens in a new window), Structured Outputs(opens in a new window), and developer messages(opens in a new window), making it production-ready out of the gate.”
The new model is available to GPT Plus, Team, and Pro users while Enterprise access will launch next month.
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