BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home BUSINESS

OpenAI Just Released its o1 Model, and Here is Everything You Need to Know

Michael Juanico by Michael Juanico
September 12, 2024
in BUSINESS, FEATURED, TECHNOLOGY
Share on XShare in TelegramShare on Reddit
  • OpenAI is releasing a new model called o1, the first in a planned series of “reasoning” models that have been trained to answer more complex questions, faster than a human can.
  • The o1 model is trained using a new optimization algorithm and dataset, and it employs reinforcement learning and a “chain of thought” approach to solve problems in a more human-like way.
  • While o1 excels at tasks like coding, math, and explaining its reasoning, it is more expensive and slower than GPT-4o, and it lacks capabilities like browsing the web or processing files and images.

OpenAI has released a new AI model called o1 that is designed to handle more complex reasoning tasks than previous models like ChatGPT. The model comes in two versions – o1-preview and a smaller o1-mini – and represents a major step toward more human-like artificial intelligence.

JUST IN: @OpenAI introduces 'OpenAI o1' which can count the right amount of r's in "Strawberry" pic.twitter.com/f2oF4tqYcU

— BlockNews.com (@blocknewsdotcom) September 12, 2024

Details on the o1 Model

A Long-Awaited Release

The o1 model is the much-anticipated “Strawberry” model that has been hyped up in AI circles. It is the first in a planned series of “reasoning” focused models from OpenAI.

Significantly Improved Reasoning Abilities

The key advance with o1 is its ability to tackle complex, multi-step problems like advanced math and coding challenges. It can explain its reasoning in detail, showing its work in a human-like manner.

Trained Differently Than Past Models

OpenAI took a novel reinforcement learning approach to training o1 rather than just mimicking patterns. This allows o1 to independently solve problems through trial and error.

More Expensive and Slower Than GPT Models

Despite its advances, o1 is more costly and slower than GPT-4o for developers. The preview version costs $15 per 1 million tokens on OpenAI’s API.

Reactions and Implications

Promising But Very Limited Reasoning

While o1 shows promise, its reasoning abilities are still extremely narrow. It focuses on math, coding, and hard problem solving.

A Step Toward Autonomous AI Systems

OpenAI sees models like o1 as a path toward AI agents that can take actions and make decisions independently. But real-world reasoning is still a distant goal.

Key to OpenAI’s Future Commercial Success

As OpenAI explores monetization, breakthroughs like o1 are crucial to deliver substantive advances beyond the capabilities of GPT models.

Conclusion

The o1 model represents an important evolution in AI capabilities, even if its reasoning skills are limited for now. With future training iterations, OpenAI aims to push closer to human intelligence. But for many real-world applications, GPT-style models still reign supreme.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: AIChatGPTGPT-4oo1OpenAI
Tweet1ShareShare
Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

DON'T MISS THESE! HOT OFF THE PRESS

Jerome Powell Says Interest Rates Are on Hold or Headed Lower: Here’s What to Watch
FEATURED

Jerome Powell Says Interest Rates Are on Hold or Headed Lower: Here’s What to Watch

December 30, 2025
Trump Signals January Timeline for New Fed Chair Pick as Powell Tensions Resurface – Here Is What to Watch
FEATURED

Trump Signals January Timeline for New Fed Chair Pick as Powell Tensions Resurface – Here Is What to Watch

December 30, 2025
Galaxy CEO Warns XRP and Cardano Face Utility Test in Next Cycle – Here Is What Must Change
CRYPTO

Galaxy CEO Warns XRP and Cardano Face Utility Test in Next Cycle – Here Is What Must Change

December 26, 2025
S&P 500 Hits Record High Above 6,900 – Here Is Why Crypto Traders Are Watching This Move Closely
BITCOIN

S&P 500 Hits Record High Above 6,900 – Here Is Why Crypto Traders Are Watching This Move Closely

December 23, 2025
January Fed Rate Cut Odds Hit All-Time Low of 13% on Polymarket – Here Is Why Crypto Bets Are Fading
FEATURED

January Fed Rate Cut Odds Hit All-Time Low of 13% on Polymarket – Here Is Why Crypto Bets Are Fading

December 23, 2025
Trump Media Buys $40 Million Worth of Bitcoin Despite Price Drop — Is Trump Preparing for a 2026 Bull Run?
BITCOIN

Trump Media Buys $40 Million Worth of Bitcoin Despite Price Drop — Is Trump Preparing for a 2026 Bull Run?

December 22, 2025
Load More

Related News

Can Solana Really Flip Ethereum in 2026 – Here Is Why the Debate Is Heating Up

Can Solana Really Flip Ethereum in 2026 – Here Is Why the Debate Is Heating Up

December 31, 2025
Shiba Inu Risks Slipping Out of the Top 40 as Market Cap Shrinks – Here Is What Comes Next

Shiba Inu Risks Slipping Out of the Top 40 as Market Cap Shrinks – Here Is What Comes Next

December 31, 2025
Bitwise Pushes Deeper Into Altcoin ETFs for 2026 – Here Is What It Could Mean for Crypto Prices

Bitwise Pushes Deeper Into Altcoin ETFs for 2026 – Here Is What It Could Mean for Crypto Prices

December 31, 2025
Aptos Underperforms Market as APT Slips Despite Broader Strength – Here Is What the Charts Are Showing

Aptos Underperforms Market as APT Slips Despite Broader Strength – Here Is What the Charts Are Showing

December 31, 2025
Can XRP Overtake Ethereum to Become the Second-Largest Crypto – Here Is What the Data Suggests

Can XRP Overtake Ethereum to Become the Second-Largest Crypto – Here Is What the Data Suggests

December 31, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews