Bangladesh to raise U.S. imports to lower tariffs
Bangladesh’s interim leader, Muhammad Yunus, said the country will expand imports from the U.S. to further reduce tariffs on Bangladeshi goods, part...
OpenAI has unveiled a new option called Flex processing, an API service designed to provide more affordable AI model usage in exchange for slower response times and occasional resource unavailability.
This new feature, available in beta for OpenAI's recently released o3 and o4-mini reasoning models, aims to cater to lower-priority and non-production tasks such as model evaluations, data enrichment, and asynchronous workloads.
Flex processing cuts API costs by half, making it an attractive option for businesses and developers seeking to reduce expenses on non-urgent AI tasks. For instance, the cost of using the o3 model through Flex is $5 per million input tokens (approximately 750,000 words) and $20 per million output tokens, compared to the standard price of $10 and $40, respectively. Meanwhile, for the o4-mini model, Flex pricing drops to $0.55 per million input tokens and $2.20 per million output tokens, down from $1.10 and $4.40.
This move comes as OpenAI faces increased competition from rival AI companies, such as Google, which recently launched its Gemini 2.5 Flash reasoning model. Gemini 2.5 Flash offers similar performance to DeepSeek's R1 at a lower input token cost, underscoring the growing trend of more affordable, budget-friendly AI options.
Additionally, OpenAI announced that developers in usage tiers 1-3 will need to undergo a new ID verification process to access the o3 model. This verification is part of OpenAI's efforts to ensure that its services are not misused by bad actors, as it seeks to protect its usage policies.
With the introduction of Flex processing, OpenAI is positioning itself to remain competitive in the rapidly evolving AI landscape, offering cost-effective solutions for developers working with non-critical tasks while maintaining the integrity of its services.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Microsoft and OpenAI announced Thursday a non-binding deal outlining terms that would allow OpenAI to restructure into a for-profit company, marking a key step in the high-profile partnership fueling ChatGPT’s growth.
The U.S. Federal Trade Commission has launched an inquiry into seven technology companies over how their AI chatbots interact with children, amid rising concerns about safety and mental health risks.
Nvidia (NVDA.O) announced on Tuesday that it plans to release a new artificial intelligence chip by the end of next year, designed to manage complex tasks like video creation and software development.
Apple (AAPL.O) on Tuesday opened its annual showcase, where it is expected to reveal a new range of iPhones, including a slimmer “Air” model that could foreshadow the launch of a folding phone next year.
Alibaba has released its most powerful artificial intelligence model to date, Qwen-3-Max-Preview, marking a major leap forward in the company’s AI ambitions.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment