AI Models and Tools: OpenAI’s Debuts ‘Cost-Efficient’ Model as Mistral Upgrades | PYMNTS.com

AI Models and Tools: OpenAI’s Debuts ‘Cost-Efficient’ Model as Mistral Upgrades | PYMNTS.com

OpenAI has released what it calls its “most cost-efficient” reasoning artificial intelligence (AI) model, the o3-mini. The model is part of OpenAI’s o1 series, which can reason through tasks but takes longer to respond than non-reasoning models. Compared to OpenAI’s GPT (LLM) series, reasoning models can tackle tougher tasks and solve harder problems in STEM disciplines.

Unlike OpenAI’s other models in the reasoning series, o3-mini is a “small” but “powerful and…

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