Canada warns U.S. trade deal may need tariffs
Canadian Prime Minister Mark Carney says it’s unlikely his government can strike a tariff-free trade deal with the U.S....
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.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Authorities in North Carolina are investigating three potential storm-related deaths linked to severe flooding from the remnants of Tropical Storm Chantal, officials said Tuesday.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 10th July, covering the latest developments you need to know.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Hollywood star Sydney Sweeney is reportedly the top contender to become the next Bond girl, as director Denis Villeneuve and Amazon look to modernise the James Bond franchise.
Apple and mining company MP Materials announced a joint $500 million investment to develop a rare earth magnet recycling facility, with plans to bolster U.S.-based production and reduce reliance on China.
Meta CEO Mark Zuckerberg announced plans to invest hundreds of billions of dollars into building next-generation AI data centres, signalling an aggressive long-term bet on superintelligence and reaffirming Meta’s leadership ambitions in the global AI race.
Peggy Whitson, NASA retiree turned private astronaut, headed for splashdown in the Pacific on Tuesday after her fifth trip to the International Space Station, joined by crewmates from India, Poland, and Hungary returning from their countries’ first ISS mission.
A team led by Prof. Mingtai Wang at the Hefei Institutes of Physical Science has developed a breakthrough method to control the spacing of titanium dioxide nanorods without changing their size, significantly improving solar cell efficiency.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
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