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OpenAI Unveils o3-pro Model and Slashes o3 Pricing by 80%

Subscribers and API developers gain extended reasoning capabilities with tool integrations following the o3-pro rollout.

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OpenAI released o3-pro, there most advanced model till date.
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Overview

  • o3-pro launched Tuesday for ChatGPT Pro and Team subscribers and is live on the OpenAI API, with Enterprise and education users to receive access next week.
  • OpenAI cut o3 model fees by 80%, reducing rates to $2 per million input tokens and $8 per million output tokens, plus a $0.50 cached-input discount.
  • The o3-pro tier carries rates of $20 per million input tokens and $80 per million output tokens, representing an 87% price drop versus its o1-pro predecessor.
  • In internal evaluations, o3-pro outscored o3 across domains such as science, education, programming and business and now integrates web search, file analysis and Python execution, though richer tool use extends response times.
  • The moves sharpen OpenAI’s competitive stance against rival reasoning models from Google DeepMind, Anthropic and xAI by combining frontier performance with aggressive pricing.