o3-mini
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OpenAI has launched o3-mini, their newest cost-efficient reasoning model, available in ChatGPT and API. The model excels in STEM-related tasks, particularly in science, math, and coding, while maintaining the low cost and reduced latency of its predecessor o1-mini. It introduces key developer features like function calling, Structured Outputs, and developer messages, making it production-ready from launch. o3-mini includes different reasoning effort levels (low, medium, and high) and improves performance across a wide range of tasks. It delivered responses 24% faster than o1-mini and achieved notable results in competition math, PhD-level science questions, and software engineering tasks.