OpenAI announced the o3, a next-generation reasoning model that will power ChatGPT, with a smaller version, o3-mini, expected in late January. While o3 is not GPT-5, it is a precursor to the highly anticipated next major ChatGPT upgrade. GPT-5 development, however, is facing delays and high costs, with no estimated release date.
OpenAI concluded its '12 Days of ChatGPT' announcements on Friday with a significant reveal. The company unveiled o3, the next-generation reasoning model that will power ChatGPT. A ChatGPT o3-mini version will also be accessible to users. According to OpenAI's presentation, the o3 models will deliver substantial performance enhancements compared to their predecessors.
OpenAI also disclosed that it is conducting safety training for the new reasoning models and accepting registrations from third-party safety testers prior to the models' release. OpenAI revealed its plan to launch o3-mini in late January, followed by the full o3 model. While some may have anticipated Friday's ChatGPT surprise to be OpenAI's soft launch of GPT-5, it turns out that the significant upgrade we've been anticipating is reportedly delayed and incurring substantial costs. Consequently, o3 is not the GPT-5 model in disguise but rather a precursor to that next major ChatGPT enhancement. Sam Altman & Co. detailed the capabilities of the o3 models during a short live stream on Friday, stating that OpenAI will release o3-mini around the end of January, with the full o3 model to follow shortly after. Subsequently, The Wall Street Journal published a comprehensive report about OpenAI's challenges with GPT-5 development, indicating that the o3 models are entirely separate projects. The timeline for GPT-5 training remains unclear, and there is no estimated release date for the next ChatGPT breakthrough model. Despite the lack of clarity, the anticipation surrounding GPT-5 is undeniable. Expectations are high for the next-generation AI model to surpass GPT-4's capabilities while minimizing errors compared to its predecessors. Known internally as Orion, GPT-5 has been under development for 18 months. Initially projected for a 2024 release, OpenAI encountered unforeseen delays while incurring significant expenses. Training GPT-5 could cost up to $500 million per run, and the outcomes have not been as impressive as anticipated. Training GPT-4 reportedly cost the company over $100 million, according to Altman
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