Healthcare Dive

CVS successfully converts commercial pharmacy contracts to “cost plus” model

CVS announced CostVantage in late 2023 as its pharmacies struggled with flatlining payment for dispensing drugs. The company blamed an antiquated reimbursement model that led pharmacies to use higher ...
Fast Company

The DeepSeek effect: Lower-cost models could accelerate AI’s business benefits

There are times we must pause and reconsider our assumptions about technology. The internet, the iPhone, the Cloud—each of these transformative innovations challenged conventional wisdom. And each, in ...
VentureBeat

DeepSeek-R1’s bold bet on reinforcement learning: How it outpaced OpenAI at 3% of the cost

DeepSeek-R1's release last Monday has sent shockwaves through the AI community, disrupting assumptions about what’s required to achieve cutting-edge AI performance. Matching OpenAI’s o1 at just 3%-5% ...
MacRumors

OpenAI Launches o3-mini, a Cost-Efficient Reasoning Model Rivaling DeepSeek

OpenAI today released o3-mini, a new, more cost efficient model that's available for both ChatGPT and the OpenAI API starting today. OpenAI previewed o3-mini in December, but it is ready at a time ...
ZDNet

Google reveals Gemini 2.5 Flash, its 'most cost-efficient thinking model'

Just weeks after unveiling Gemini 2.5 Pro, Google is on to its next top-performing model. On Thursday, the company released an "early version" of Gemini 2.5 Flash in preview in the Gemini API, AI ...