Welcome to today's AI Update from Vertica. I'm your host, bringing you the latest news in the world of artificial intelligence and more. Let's dive into our main story. OpenAI has once again captured the attention of the AI community with the release of its latest model, o1, launched on Thursday. Internally codenamed 'Strawberry,' this new model introduces a groundbreaking feature: the ability for the AI to pause and 'think' before responding. Promising enhanced reasoning capabilities, o1 aims to tackle complex problems with a multi-step approach to processing information. This development marks a notable advancement in the field of AI. The release of o1 was highly anticipated within the AI community, generating substantial hype. However, reactions to the new model have been mixed. While it shows promise in solving sophisticated queries by breaking down problems into smaller, manageable steps, the model also faces several limitations and challenges. One of the most significant advancements with the o1 model is its approach to multi-step reasoning. Unlike previous models, which generate responses directly, o1 assesses each step of a problem, checking for accuracy before proceeding. This method allows the model to offer more thoughtful and well-considered responses, which can be particularly beneficial for tackling intricate and multifaceted issues. Researchers and industry professionals have long advocated for incorporating this kind of reasoning into AI, and OpenAI’s implementation represents a substantial leap forward. Despite these innovations, o1 is not without its drawbacks. The model is notably more expensive than its predecessor, GPT 4o, due to the additional computational steps involved in its reasoning process. OpenAI has introduced 'reasoning tokens' to account for this increased computational cost, making the use of o1 significantly pricier. This aspect might limit its accessibility and practicality for everyday tasks, where simpler and less costly models, like GPT 4o, remain more efficient. From a performance perspective, o1 excels in specific areas, particularly in addressing complex queries. For instance, it demonstrated superior capabilities in detailed planning scenarios and provided nuanced advice for multifaceted problems. However, for simpler questions, the model tends to overanalyze and deliver overly detailed responses, which can be excessive and less useful than those generated by GPT 4o. Experts within the AI field have expressed their views on o1's release. Kian Katanforoosh, CEO of Workera and adjunct lecturer at Stanford University, highlighted the potential of combining reinforcement learning with language model techniques to achieve step-by-step thinking. This ability could revolutionize how AI models handle complex, high-stakes decisions. However, the execution of this concept in o1 has yet to meet the transformative expectations set by prior advancements like GPT 4. Furthermore, industry professionals acknowledge the limitations and cost implications of o1. Mike Conover, CEO of Brightwave and co-creator of Databricks' AI model Dolly, pointed out that the AI community is still waiting for a significant leap in capabilities. The incremental improvements seen in o1, while impressive in specific contexts, do not represent the step-change many hoped for. Another layer of complexity is added by OpenAI's strategic decision to keep certain details of the model's inner workings private. This move is intended to maintain a competitive edge, but it also fosters a level of mystery and speculation around the true capabilities and potential applications of o1. The launch of o1 has not only drawn attention due to its technical advancements but also because it rekindles discussions on the future direction of AI development. The AI community is divided into two camps: one that supports workflow automation through agentic processes, and another that believes generalized intelligence will enable AI