People often ask whether GPT-5, GPT-5.1, and GPT-5.2 use the same base model. I have no private information, but I think there's a compelling argument that AI developers should update their base models fairly often. The argument comes from the following observations:
Therefore, it is economically sensible to train entirely new AI models fairly often because their lower inference costs will compensate for the relatively small training costs. "Fairly often" seems like it could be every 2-6 months depending on the exact details.
As a hypothetical example, let's say that OpenAI is considering training a new base model to become GPT-5.1 which will be deployed for only one month before GPT-5.2 is released. Maybe it's 40% cheaper to serve than GPT-5 due to being smaller and using more efficient KV caching[1]. The cost of serving GPT-5 for that month, assuming it's half of all inference by cost would be ($6B (total inference cost in the year) /2/12)= $250 million; at 40% cheaper, the cost of serving GPT-5.1 would be $150m, saving $100m. If it costs less than $100m to develop GPT-5.1 (in additional marginal costs, because e.g., R&D is amortized across models), then it would be economically sensible to do so.
A big reason to be skeptical of this argument is that there could be large non-compute costs to training, such as lots of staff time—this just pushes training costs up but the overall argument still goes through with a less frequent update rate. Another related reason is that constantly training new models might split the focus of an organization and thus be really costly.
My overall confidence in this take is low, and I would be curious to hear what others think.
GPT-5.1 being 40% cheaper than GPT-5 is reasonable given halving times of 3.6 months; the GPT-5 was released August 7, 2025 and GPT-5.1 was released around 3 months later on November 12, 2025; GPT-5.2 was released December 11, 2025.
In this recent interview, Greg Brockman says April 2024 with GPT4o to December 2025 (lines up best with GPT-5.2 released December 11, 2025) was squeezing the juice out of GPT4o. "fundamentally we were on the same underlying base model, the same underlying pretrain". This was largely because producing a new pretrain is very hard, requiring the company to work together very well.