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OpenAI recently launched o3-mini, the first model in its o3 family, which includes two specialized variants: o3-mini-high and o3-mini-low. The o3-mini-high variant is designed to spend more time reasoning, providing more in-depth answers, while the o3-mini-low prioritizes speed for quicker responses. Benchmarks indicate that o3-mini displays comparable performance to OpenAI's o1 model, but at a significantly lower cost.
Researchers have noted that o3-mini is roughly 15 times cheaper and about five times faster than o1. Despite being cheaper than GPT-4o, o3-mini has a stricter usage limit of 150 messages per hour, raising questions about OpenAI's subsidization strategy. The model has demonstrated superior performance to o1 on benchmarks such as FrontierMath, Codeforces, and GPQA. Additionally, o3-mini is the first reasoning model from OpenAI to feature official function-calling support, making it particularly useful for AI agents.
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- Composio: OpenAI launched its latest model, the o3-mini, last Friday. It is the first member of the o3 family of models. There are
- Analytics Vidhya: OpenAI's o1 and o3-mini are advanced reasoning models that differ from the base GPT-4 (often referred to as GPT-4o) in how they process prompts and produce answers. These models are designed to spend more time “thinking” through complex problems, mimicking a human’s analytical approach. To leverage these models effectively, it’s crucial to understand how to ...
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