A mere two days after announcing GPT-4.1, OpenAI is releasing not one but two new models. The company today announced the public availability of o3 and o4-mini. Of the former, OpenAI says o3 is its ...

Third-party model portfolios had $646 billion in assets under advisement as of March 31, 2025—an increase of 62% since Morningstar last surveyed for assets in June 2023, less than two years ago.

Model portfolios continue to gain traction with financial advisors. Approximately $424 billion follows model portfolios as of June 2023, a 48% increase from $286 billion two years prior[1]. With this ...

A new report from State Street Global Advisors shows how model portfolios are playing a pivotal role for advisors' practices, with more professionals using them to streamline portfolio management and ...

UPDATE: Apr. 16, 2025, 2:18 PM EDT Now that the OpenAI livestream has ended, this article has been updated with the latest information about the o3 and o4-mini launch. OpenAI's o3 and o4-mini models ...

In response to pressure from rivals including Chinese AI company DeepSeek, OpenAI is changing the way its newest AI model, o3-mini, communicates its step-by-step “thought” process. On Thursday, OpenAI ...

OpenAI on Thursday announced GPT-4o mini, a smaller and less expensive version of its GPT-4o AI model. OpenAI is one of a number of AI companies to develop a version of its best “foundation” model ...

OpenAI is officially rolling out its latest model, o3-mini, starting today, Friday, Jan. 31. The company shared the news in a blog post on its website, just over a month after officially announcing ...

Assets under management, tied to model portfolios, are forecast to exceed $10 trillion by 2025. Some reasons for the category’s growth include increasing awareness and comfort among clients, a wider ...