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OpenAI releases o3, o4-mini models, similar quality to Deep Research but faster

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Top stories today:

  1. OpenAI releases o3, o4-mini, with similar quality to Deep Research
  2. Together AI brings Open Deep Research to generate images, podcasts
  3. Trump admin pushes IRS to revoke Harvard’s tax-exempt status
  4. Retail sales +1.4% in Mar., strongest in 2+ years on car, electronics
  5. Xi urges “Asian family” unity as Trump seeks to confine China

0. Data and calendar

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All times are ET.

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. OpenAI releases o3, o4-mini models, similar quality to Deep Research but faster

o3 has outperformed Google’s Gemini 2.5 Pro, while o4-mini-high surpassed Claude 3.7 Sonnet on the coding-focused Aider benchmark:

  • o3, o4-mini, and o4-mini-high use all ChatGPT tools, including web browsing, Python code execution, and image analysis.

  • Can “think with images” by integrating uploaded visuals into their “chain-of-thought”.

  • Restrict biological and chemical threat prompts through a new safeguard.

  • Available to ChatGPT Pro, Plus, Team subscribers.

  • Chat Completion API and Responses API also provide access to the new models.

  • o3 costs $10/M input and $40/M output tokens, vs. o1 at $15/M and $60/M.

  • o4-mini costs $1.10/M input and $4.40/M output tokens, the same as o3-mini.

o3 is seen completing complex research in 30s-5min., vs. 5-30min. with the regular Deep Research

o3 has topped Humanity’s Last Exam

Relatedly, OpenAI has introduced Codex CLI as an open-source coding agent for terminals

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3. Together AI brings open-source Deep Research that can generate images, podcasts

Based on a human-like research workflow, which includes planning and self-reflection components:

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