Sources: 
OpenAI has officially launched the o3-pro model, replacing the previous o1-pro for ChatGPT Pro and Team users, and is also available via the developer API.
The new o3-pro model boasts a range of enhanced capabilities, including the ability to search the web, analyze files, interpret visual inputs, run Python code, and personalize responses using memory.
"In expert evaluations, reviewers consistently prefer OpenAI o3-pro over o3, highlighting its improved performance in key domains—including science, education, programming, data analysis, and writing," OpenAI stated in a post on X.
Despite these advancements, the o3-pro model has some limitations. It currently does not support image generation or Canvas features, which were available in previous versions.
Additionally, users should expect slower response times compared to the o1-pro model, as the enhanced processing capabilities come with increased latency.
This trade-off between speed and functionality reflects OpenAI's focus on delivering more powerful and versatile AI tools, even if it means sacrificing some responsiveness.
Overall, the o3-pro model represents a significant step forward in AI performance, particularly in specialized fields like science and programming, while highlighting ongoing challenges in balancing speed and feature sets.
Key stats and quotes:-
Available to ChatGPT Pro and Team users starting Wednesday-
Capabilities: web search, file analysis, visual input interpretation, Python execution, personalized memory-
Limitations: no image generation or Canvas support, slower response times than o1-pro-
Expert preference for o3-pro over o3 in multiple domainsSources: 
OpenAI has launched its new o3-pro model for ChatGPT Pro and Team users, offering enhanced capabilities like web search, file analysis, and visual input interpretation. Despite improved performance in science, education, and programming, o3-pro responses are slower and lack image generation features.