Quick Update on AI "Reasoning" Models as OpenAI Releases New o3 Variants

The AI-space has been ablaze with news about "reasoning" models since the release of DeepSeek's reasoning model "R1" (which grabbed attention for its: 1) strength; 2) non-US origins; 3) open-source availability; and 4) cheap access). Now, as OpenAI releases their next reasoning models - "o3-mini" and "o3-mini-high" - it's worth understanding what this "…