The arrival of a new AI chatbot developed by a Chinese startup has fuelled competition in the artificial intelligence sphere.

OpenAI has launched a new 'reasoning' AI model, o3-mini, the successor to the AI startup's o1 family of reasoning models.

OpenAI just released o3-mini, a reasoning model that’s faster, cheaper, and more accurate than its predecessor.

The Chinese chatbot took the world by storm and rattled stock markets. But lost in all the attention was a focus on how the ...