Investing.com — OpenAI, the artificial intelligence company, announced Friday that it is currently testing its new reasoning AI models, called o3 and o3 mini. This development signals intensifying competition in the AI sector, with rivals such as Google also striving to develop more advanced models capable of handling complex problems.
CEO Sam Altman shared the company's plan to launch the o3 mini model by the end of January, followed by the full o3 model. These larger, more robust language models are expected to outperform existing models, potentially attracting new investments and users.
According to an OpenAI blog post, the company's previous o1 models have demonstrated the ability to reason through complex tasks and solve more challenging problems in areas such as science, programming, and mathematics. The upcoming o3 and o3 mini models, currently undergoing internal safety testing, are expected to be more powerful than the o1 models.
In an effort to involve external researchers in the testing process, OpenAI is launching an application process for those interested in testing o3 models before their public release. The application process will close on January 10th.
OpenAI has been a key player in the AI industry since it launched ChatGPT in November 2022, sparking what could be seen as an AI arms race. The company's growing popularity and consistent product launches have been effective in attracting significant funding, closing a $6.6 billion funding round in October.
Meanwhile, Alphabet's (NASDAQ:) Google, another major AI competitor, released the second generation of its AI model, Gemini, in early December, as part of its efforts to regain the lead in race for AI technology.
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