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OpenAI o3

OpenAI

OpenAI's o3 reasoning model (April 2025), which replaced o1 as the primary reasoning model at an ~87% lower price. o3 set state-of-the-art results on Codeforces, SWE-bench, and MMMU, reasons with images, and makes ~20% fewer major errors than o1 on hard real-world tasks.

Strengths

  • State-of-the-art reasoning on Codeforces, SWE-bench, and MMMU at launch
  • ~87% cheaper than o1 with improved performance
  • Reasons with images (visual chain-of-thought)
  • Strong SWE-bench Verified coding without a custom scaffold
  • ~20% fewer major errors than o1 on hard real-world tasks

Caveats

  • 200K context is smaller than GPT-5.x's 1M+
  • Reasoning latency is higher than non-reasoning models
  • Superseded by newer GPT-5.x for many general tasks
Vendor
OpenAI
Context Window
200,000 tokens
Max Output
100,000 tokens
License
Proprietary
Release Date
2025-04-16
Modalities
text
image

Capabilities

Vision
Audio
Video
Tool Use

Pricing

$2 per 1M input tokens, $8 per 1M output tokens - an ~87% price cut versus o1 ($15/1M input) with improved performance.

Reviews

Comments