“It uses more compute than o1 to provide consistently better responses,” OpenAI said in its announcement. The company went on to say it offered new features including: “Supports vision, function calling, Structured Outputs, and works with the Responses and Batch APIs. ” With the additional computing power required to run the new model, OpenAI says, inevitably comes a higher cost. But the price is considerably steep: $150 per 1 million input tokens, and $600 per 1 milli
