OpenAI launches powerful o3-Pro model with steep price cuts

OpenAI has rolled out its most advanced AI model yet, o3-Pro, delivering significant improvements in reasoning and task complexity while introducing steep price reductions.

The model is now available to ChatGPT Pro and Team users, with Enterprise and Education access coming next week. Developers can also access it via OpenAI’s API.

O3-Pro is designed for high-performance use across technology, education, and science sectors. It supports advanced capabilities such as web browsing, code execution, file analysis, and memory retention during conversations.

Despite these upgrades, pricing has been reduced drastically—87% lower than o1-Pro—costing just $20 per million input tokens and $80 per million output tokens. The base o3 model has also seen an 80% price cut.

Evaluators consistently rated o3-Pro higher than previous models for clarity, instruction-following, and accuracy, with standout results in benchmarks like AIME 2024 and GPQA Diamond, where it beat Google’s Gemini 2.5 Pro and Claude 4 Opus, respectively.

Although the model lacks image generation and Canvas support, its reasoning capabilities mark a major step forward in OpenAI’s AI offerings.

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