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o3 and DeepSeek-R1: the test-time reasoning race

Models optimized to think longer at inference defined 2025, with leaps in math contests and coding agents.

o3 and DeepSeek-R1: the test-time reasoning race

OpenAI reported o3 gains on hard benchmarks; DeepSeek-R1 and other open-weight models showed competitive, distillable reasoning traces.

Inference cost became a lever: more thinking tokens, more latency/cost, higher success on verifiable tasks.

That lever is the same philosophy labs would apply in 2026 to open math problems with formal verification.