💰 OpenAI's massive o3 price cut 💰
Same model, 80% cheaper pricing

OpenAI has dramatically slashed o3 pricing by 80%, bringing costs down to just $2 per 1M input tokens and $8 per 1M output tokens. The company optimized its inference stack while keeping the exact same model, making o3 now cost the same per token as GPT-4.1 and cheaper than GPT-4o. OpenAI particularly recommends o3 for coding tasks and agentic tool calling. Additionally, they've introduced o3-pro in the API at 87% lower pricing than o1-pro, offering enhanced reasoning capabilities at $20/$80 per 1M tokens with support for image inputs and function calling.

🎬 Amazon's AI video ad generator 🎬
Automated creative tools for marketplace sellers

Amazon has launched an AI-powered video ad generator that will soon be available to all marketplace sellers. The tool allows merchants to automatically create professional-quality video advertisements without video production expertise. Sellers can input product details, target audience information, and preferred style, and the system generates customized video content optimized for Amazon's platform. The move is expected to dramatically increase the volume of video ads on the marketplace, potentially transforming the shopping experience.

🧠 Meta's superintelligence recruitment spree 🧠
Zuckerberg poaches top AI talent with billion-dollar Scale AI deal

Meta plans to unveil a new AI research lab dedicated to "superintelligence" as the company works to compete in the AI race, according to several reports. Meta has tapped Scale AI founder and CEO Alexandr Wang to join the new lab, with Meta in talks to invest billions into Scale AI as part of a deal that would bring Scale AI employees to Meta. Meta has also been poaching lead researchers from OpenAI and Google, per The New York Times. The new lab comes as CEO Mark Zuckerberg grows frustrated with his company's AI shortfalls. Bloomberg reports he has been meeting with AI researchers at his homes in Lake Tahoe and Palo Alto to personally recruit a team of around 50 people, including a new head of AI research. Sources say Zuckerberg believes Meta can and should outpace other tech companies gunning to achieve AGI.

INTERESTING NEWS

🔊 Alexa Plus hits one million subscribers 🔊

Amazon has announced that Alexa Plus, its premium AI assistant subscription service, has surpassed one million subscribers. Launched earlier this year, the service offers advanced conversational capabilities, multimodal interactions, and specialized skills for $9.99 monthly. The milestone suggests growing consumer willingness to pay for enhanced AI assistants, despite initial skepticism about subscription models for voice assistants. Amazon reports that Plus subscribers use Alexa nearly three times more frequently than standard users.

🛑 ChatGPT technical difficulties 🛑

ChatGPT users are reporting significant problems across the platform, with many experiencing slow responses, connection errors, or complete inability to access the service. OpenAI has acknowledged the outage on its status page but hasn't provided specific details about the cause or expected resolution time. The timing is particularly notable as it follows CEO Sam Altman's recent claims about the service's efficiency, including his statement that an average ChatGPT query uses "roughly one fifteenth of a teaspoon" of water – a metric that has raised questions about how such calculations are determined.

H-FARM EVENTS ON AI

H-FARM CLUB Artificial Intelligence & Robotics
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Join our AI Club and be part of the conversation in this special edition as we dive into AI, humanoid robots, creative innovation, and their concrete implications for the future.
Artificial intelligence keeps evolving at a rapid pace, but it’s robotics, now more intelligent and accessible than ever, that makes this transformation truly tangible.
June 17 at 6:00 PM at H-FARM Campus, we'll take you to the heart of this revolution, from software to matter, from code to movement.

Our guests:

• Diego Pizzocaro, CEO of H-FARM AI, with the latest AI news and insights

• Jakidale (Content Creator) & Marco Savini (Founder of BigRock) presenting "Robot in Action: AI, Creativity & Movement"