[Market Trends] OpenAI announces o3 and o3 mini models | CNBC Television

π o3 Models Unveiled: OpenAI's Big Finale Stirs the AI Race
OpenAI concluded its "12 Days of Shipmas" with a major announcement about their new models, o3 and o3 Mini. CEO Sam Altman described o3 as highly intelligent and o3 Mini as an efficient and cost-effective version. Although the models are not launching publicly yet, they are available for public safety testing. These models boast impressive improvements, such as solving complex mathematical equations quickly. Earlier in the event, OpenAI showcased other innovations, including a text-to-video model, which impressed audiences despite some gimmicky features like Santa Mode. However, OpenAI faced stiff competition from Google, which recently launched Gemini 2.0 with significant fanfare, overshadowing OpenAI's announcements. This intense rivalry has driven aggressive marketing efforts from OpenAI, though Gemini’s quieter yet impactful launch drew comparisons to stealing the spotlight, akin to the Grinch in the holiday season.