Microsoft has unveiled its latest light AI model called the Phi-3 Mini designed to run on smartphones and other local devices, it revealed in a new research paper. Trained on 3.8 billion parameters, ...

OpenAI on Thursday released a smaller and more affordable version of its flagship large language model that powers ChatGPT. The new model, called GPT-4o mini, will cost developers 60 percent less to ...

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OpenAI introduced GPT-4o mini on Thursday, its latest small AI model. The company says GPT-4o mini, which is cheaper and faster than OpenAI’s current cutting-edge AI models, is being released for ...

Runway, one of several AI startups developing video-generating tech, today announced an API to allow devs and organizations to build the company's generative AI models into third-party platforms, apps ...

OpenAI today made its o3-mini large language model generally available for ChatGPT users and developers. Word of the launch leaked a few hours earlier. According to Wired, OpenAI brought o3-mini’s ...

In response to pressure from rivals including Chinese AI company DeepSeek, OpenAI is changing the way its newest AI model, o3-mini, communicates its step-by-step “thought” process. On Thursday, OpenAI ...