Following the emergence of DeepSeek, a Chinese AI company, OpenAI is releasing a free, less powerful version of its o3 model, called o3-mini, to users of its ChatGPT chatbot. This move comes after DeepSeek's R1 model, a reasoning model powering their chatbot, topped Apple's free app store and claimed to be developed at a fraction of the cost. OpenAI's CEO, Sam Altman, pledged to deliver 'much better models' and accelerate product releases in response to DeepSeek's challenge.
When DeepSeek unveiled its R1 model OpenAI’s boss Sam Altman pledged to deliver much better models and speed up product releases.When DeepSeek unveiled its R1 model OpenAI’s boss Sam Altman pledged to deliver much better models and speed up product releases.OpenAI is releasing a new artificial intelligence model for free, after the company said it would speed up product releases in response to the emergence of a Chinese rival..
DeepSeek rattled tech investors in the US with the release of R1, a so-called reasoning model that underpinned the company’s eponymous chatbot. News that it had topped Apple’s free app store and claims it had been developed at a fraction of the cost, reacted to DeepSeek’s challenge by pledging to “deliver much better models” and accelerate product releases.
“Today’s launch marks the first time we’re bringing reasoning capabilities to our free users, an important step towards broadening accessibility to advanced AI in service of our mission,” said OpenAI. R1, the underlying technology for DeepSeek’s chatbot, not only rivalled its OpenAI equivalent in performance but was also developed with fewer resources, according to. This has made investors ask whether US tech firms will continue their dominance of the AI market and generate a return on the multibillion-dollar sums they have invested in AI infrastructure and products.
OpenAI said the o3-mini model matched its predecessor, o1, in maths, coding, and science but at a significantly lower cost and with faster responses. Users on ChatGPT’s Pro package, which costs $200 a month, will get unlimited access to o3-mini, while users on the cheaper Plus tariff will have higher usage limits than free users.
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