OpenAI launches lightweight AI model o3-Mini

OpenAI has launched a new lightweight AI model, which is said to be capable of human-like reasoning and improved efficiency. This product will be closely watched following the release of an open-source model by China's DeepSeek. The model, released on Friday, is named "o3-mini" and is available for free. OpenAI first announced plans for o3-mini last December, while also revealing the more powerful o3. Both models are designed to answer complex questions related to topics such as programming, mathematics, and science. The launch timing was also anticipated, as OpenAI stated last year that o3-mini would be released by the end of January, followed shortly by o3. However, the industry is amazed by the progress made by DeepSeek, particularly due to its lower cost, sparking widespread discussion.

OpenAI is currently seeking to raise $40 billion at a valuation of $300 billion.