Earlier today, OpenAI announced its latest reasoning models, o3 and o4 mini. These new models perform significantly better compared to their predecessors, o1 and o3 mini. Microsoft announced today the availability of the o3 and o4 mini models on Azure OpenAI Service in Azure AI Foundry. The o3 model is priced at $10 per million input tokens and $40 per million output tokens. The o4 mini model is priced at $1.10 per million input tokens and $4.40 per million output tokens. More big updates to...
