OpenAI has just released its latest model, the o3-mini, which is being hailed as the most cost-efficient model in its reasoning series. The o3-mini excels in science, math, and coding, making it a specialized alternative for technical domains that require speed and precision. It offers faster response times and supports highly requested developer features like function calling, developer messages, and Structured Outputs.
The o3-mini is available to all ChatGPT users, including those on the free plan, marking the first time a reasoning model has been made accessible to free users. ChatGPT Plus users also have access to the more powerful o3-mini-high model.