AI Advances: Deep Research, o3-mini, EU AI Regulations, and Social Pilot

In Today's AI for Business news:

• OpenAI launched Deep Research, a new ChatGPT feature for extensive web research delivering detailed reports in under 30 minutes.
• The new o3-mini model offers advanced STEM capabilities to both free and paid users, significantly reducing costs and response times.
• The European Union implemented its AI Act, which allows regulators to ban AI systems deemed to present unacceptable risks.
• Prompt tip of the day: Ask ChatGPT about what will happen in the future and it will use historical data to give best possible scenarios.

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