All You Need To Know About New OpenAI O1 Preview

All You Need To Know About OpenAI New o1-Preview

by Bharat Kumar — 5 days ago in Machine Learning 4 min. read
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Yesterday, OpenAI did a big reset in their LLMs – by introducing OpenAI o1 preview model on their official website.

The new ‘o1 preview and o1 mini’ AI model incorporates new-age artificial intelligence and deep learning to refine responses more accurately.

Some of the key highlights to consider:

  • The new chatgpt o1 model carefully performs math and science reasons.
  • New reasoning model series helpful for developers and enterprises.
  • The new o1 AI model also called Strawberry may be smarter than other AI models.
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A new series of reasoning models called GPT o1 or OpenAI’s Project Strawberry for solving hard problems like reasoning was introduced on September 12, 2024.

Reason To Release o1 New AI Model

Previously, online chatbots like chatGPT from Microsoft and Gemini from Google may fail to respond rightfully or struggle with simple math problems, leading to LLMs errors at a glance.

On Thursday, OpenAI unveiled a new version of ChatGPT o1 that, being said, can go through reasoning abilities.

In detail, Underpinned by new artificial intelligence technology called ‘OpenAI o1’ can handle “reason” and answer most of the hard problems involving math, science, and coding.

In addition to this, the present chatgpt version works in a manner like you ask them a question and they start responding immediately, but this new model takes its time, thinks through the problem, and tries to provide relevant and accurate responses, satisfying the reasoning.

What Can OpenAI o1 Do?

There are two version of the new AI model;

  • OpenAI o1-mini
  • OpenAI o1-preview

The latter uses advanced reasoning which helps inventors and thinkers identify patterns, make simple deductions, and understand relationships between elements.

The former is faster at reasoning and can help anyone with solving use cases, mathematics relations, physics reasons, and more.

Also read: 10 Best AI Text To Speech Generator (October 2024)
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Use Cases Of ChatGPT o1 Model

Particularly, these advanced reasoning capabilities are useful in complex scenarios involving math, science, coding, and similar fields.

Here’s the top three use cases of OpenAI o1 model.

1. Healthcare

Healthcare researchers can use new models to analyze cell sequencing data, ask questions about complex processes, and predict outcomes with accuracy.

2. Physicists

Professors and relevant entities can use these models to generate complicated mathematical formulas to anticipate and execute on real subjects like quantum optics and other similar fields.

3. Developers

Developers in all fields might also take advantage of reasoning abilities to build and execute multi-step workflows. Complex application development and concentrated UX design may get easier with reasoning responses.

How To Use OpenAI o1 Model?

You may need to login to the OpenAI community to access both of the new model releases. And top of that, you must be a chatGPT plus user.

Upgrade To ChatGPT Plus

Once you upgrade to the chatGPT plus, both new models will be available to use instantly with weekly rates limits being 30 messages for o1-preview and 50 for o1-mini.

Developers who promoted for API usage tier 5 can start prototyping with both models in the API today with a rate limit of 20 RPM.

OpenAI o1-preview

Please note that the ChatGPT Enterprise and Edu users will get access to these models beginning next week.

Is ChatGPT o1 API Available & If Yes, How Much It Cost?

The answer is Yes – OpenAI new model naming o1 preview and o1 mini offer API integration to developers in their own application, products, and services.

Both models come with different pricing strategies. Based on website mention, here’s the breakdown of OpenAI o1 preview and o1 mini API pricing.

  • The o1-preview model cost $15.00/M input tokens and $60.00/M output tokens.
  • The o1-mini model cost $3.00/M input tokens and $12.00/M output tokens.
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What Are The Difference Between ChatGPT o1 vs ChatGPT 4o

I have noted the average difference between chatgpt o4 and chatgpt o1 preview. The major difference lies in pricing as o1 preview is almost 6x the price compared to got-4o

You can consider chatgpt o1-preview if:

  • Speed is a critical factor for your applications.
  • You need the highest intelligence for complex tasks.
  • Your focus is on text-based interactions without the need for visual content.

Alternate, consider chatgpt o4 if:

  • Visual is a critical requirement for your applications.
  • You value image generation in your workflows.
  • Streamline creative processes including text and visuals simultaneously.

Speaking of prices, OpenAI o1 preview is expensive but offers greater speed and accuracy in service, but not suitable for everyone.

Where Does OpenAI o1 Not Available?

Various users across the globe have complained that they don’t have access to o1 models. Is that the case with you?

According to the OpenAI community discussion forum, they confirmed that the limited accessibility will be resolved this afternoon, Pacific Time.

On the other hand, you must be a ChatGPT Plus or Enterprise user to access the new models in time.

Final Thought On OpenAI New AI Model

Honestly, I didn’t get my hands on o1-preview and o1-mini but they will be great, for sure.

How much I was able to know about this new AI LLMs is wild and useful for the industries like healthcare, design and development, space exploration, and similar fields.

Additionally, I wouldn’t recommend OpenAI o1-preview and OpenAI o1-mini for bloggers and marketing teams, as they can rely on subsets of LLMs like GPT-4.

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Frequently Asked Questions

When did OpenAI introduce chatgpt o1 preview?

OpenAI released two new AI models named o1-preview and o1-mini on September 12.

What is the o1 model capable of solving?

The o1 preview and o1 mini are capable of solving complex tasks involved in math, science, and coding as they support new artificial intelligence.

Is the OpenAI o1 model better than the Gemini new model?

It may be but we haven’t tested between ChatGPT o1 preview and Gemini latest version.

How fast is the OpenAi o1 preview model?

Based on the website mention, they say new model which is o1 preview provides slow response as it think, understand, and analyzes the syntactic before providing the answer which is accurate than other models.

Sources sites:

  • https://openai.com/index/introducing-openai-o1-preview/
  • https://www.theverge.com/2024/9/12/24242439/openai-o1-model-reasoning-strawberry-chatgpt
  • https://community.openai.com/t/introducing-openai-o1-preview-new-openai-announcement/937861/20

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Featured image by frimufilms/freepik

Bharat Kumar

Bharat is an editor and writer at The Next Tech. He focuses on sharing industry-first tech news and potential how-to(s) guides for a broad range of categories. Outside of his work, he received a Bachelor’s Degree in Business Administration, with a multitude of education certificates. He’s always up to learn new things, and a die-hard fan of Call of Duty Saga(s).

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