OpenAI releases o3-mini as its 'most cost-efficient model' in reasoning series

[DP]

OpenAI releases o3-mini as its 'most cost-efficient model' in reasoning series

...The OpenAI o3-mini, previewed in December 2024, has been released by OpenAI as its "most cost-efficient model" in its reasoning series. The o3-mini's strength lies in science, math, and coding, and it's optimized for STEM reasoning.......OpenAI says that o3-mini provides a specialized alternative for tech domains that require speed and precision, and with medium reasoning efforts, it matches the o1's performance in science, math, and coding while delivering faster responses. The company also said that o3-mini was 24% faster than o1-mini in A/B testing, with an average response time of 7.7s......

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