Question 1

How much does an o3-mini cost?

Accepted Answer

o3-mini was released on January 29, 2025. Pricing starts at $1.10 per million input tokens and $4.40 per million output tokens. The model supports a context window of up to 200K tokens. API access is available through Azure, OpenAI.

Question 2

Is OpenAI o3-mini better than o1?

Accepted Answer

As evident from the comparison, o3 significantly outperforms o1 Preview across various benchmarks. However, this superior performance comes at a substantial cost.

Question 3

What does chat gpt o3-mini do?

Accepted Answer

OpenAI o3-Mini is the newest small reasoning model designed for faster responses, better accuracy, and lower costs. It builds on previous models like o1-Mini, improving math, coding, and science performance while keeping the speed and affordability that made its predecessor popular.

Question 4

Is the o3-mini high better?

Accepted Answer

For raw math ability, o3-mini-high is up there with o1 and r1. However, it is a better model in terms of general reasoning, which might make it a better model when the questions are reasoning-heavy.

Question 5

Does Elon Musk still own OpenAI?

Accepted Answer

OpenAI's founding
 Musk left OpenAI's board in 2018, citing conflicts with Tesla's own AI efforts. Not long after, OpenAI began a shift from nonprofit into the unusual “capped profit” structure that would allow it to raise billions from Microsoft and others while still keeping the nonprofit in control.

OpenAI: o3 Mini

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