Beyond the reported performance improvements, OpenAI announced a substantial price reduction for developers. O3-pro costs $20 per million input tokens and $80 per million output tokens in the API, making it 87 percent cheaper than o1-pro. The company also reduced the price of the standard o3 model by 80 percent.

OpenAI has officially released o3-pro, an advanced AI reasoning model that the company claims is its most capable to date. The new o3-pro is being rolled out to ChatGPT Pro and Team users, replacing the earlier o1-pro model. Access for Enterprise and educational users is expected to follow within a week.

OpenAI's newest reasoning model o3-pro surpasses rivals on multiple benchmarks, but it's not very fast - SiliconANGLE