OpenAI's new small models are faster and cheaper than GPT-5.4—exactly what developers and businesses actually need.

OpenAI on Friday launched a new AI “reasoning” model, o3-mini, the newest in the company’s o family of reasoning models. OpenAI first previewed the model in December alongside a more capable system ...

On the last day of OpenAI's 12 days of 'shipmas,' the company unveiled its latest models, o3 and o3-mini, which excel at reasoning and even outperform o1 on a series of benchmarks, including math and ...

Recognizing that bigger isn't always better, Microsoft has released its smallest open AI models to date, Phi-3. The new micro models "are the most capable and cost-effective small language models ...