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flag OpenAI launches o3-mini, a cheaper and faster AI model for ChatGPT users, ideal for STEM tasks.

flag OpenAI has launched the o3-mini AI model, available to all ChatGPT users and through its API. flag It matches the o1 family's capabilities but is faster and cheaper, making fewer major mistakes and providing clearer responses. flag Free users can access it with limited queries, while paid users get higher rate limits. flag Priced at $0.55 per million input tokens and $4.40 per million output tokens, o3-mini is 63% cheaper than o1-mini and is designed for STEM tasks like programming and math.

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