OpenAI is reportedly working on its next-generation reasoning model, which is expected to take more time to process user queries before responding. However, the company is facing potential copyright or trademark conflicts with O2, a British telecommunications service provider, and is considering skipping the name “o2.” Instead, the update may be called “o3,” with some leaders already referring to it as such internally. OpenAI chief Sam Altman recently posted on X, hinting at the release of the next model. During the ongoing ’12 Days of OpenAI,’ the company released the full version of the o1 model and also upgraded the o1 model in the API with advanced features. Meanwhile, Google has released its Gemini 2.0 Flash Thinking model, which showcases its advanced reasoning capabilities and thought process. According to Logan Kilpatrick, senior product manager at Google, the model can solve complex problems with flash speeds while displaying its internal planning process and promoting transparency in AI problem-solving. The experimental model is still in its early stages, but developers can try it out in Google AI Studio and the Gemini API. With only one day remaining in OpenAI ‘Shipmas,’ everyone is eagerly anticipating the release of o3 to wrap up 12 days of nonstop shipping.