OpenAI introduces o1 model — new capability for OpenAI API

AI Impact Summary

OpenAI is introducing a new model named o1 in the OpenAI API, expanding the set of available capabilities for developers. This addition will affect model selection and benchmarking, as teams will compare o1 against existing options (GPT-4o, GPT-3.5 Turbo) to determine suitability for their workloads, latency, and cost constraints. Expect updates to client libraries, sample code, and governance practices as teams pilot o1 in non-prod environments before broader adoption.