Golden Finance reports that OpenAI released the next-generation inference model o3 on Friday. This is the latest version of the o1 'inference' model released earlier this year. Like o1, o3 is a family of models, with o3-mini being a smaller, streamlined version specifically fine-tuned for certain tasks. OpenAI claims that, at least under certain conditions, o3 can approach achieving AGI. OpenAI President Greg Brockman stated that our latest inference model o3 is a breakthrough, showing improvements with a step function on our most challenging benchmarks. We are now beginning safety tests and red team exercises.