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GPT 5.4 is a big step for Codex

On evaluating and understanding the frontier of agents, and why I still turn to Claude.

Nathan Lambert
Mar 18, 2026
∙ Paid
This post originally appeared in Interconnects.

“Claude will likely appeal to the newcomers, but GPT 5.4 will likely appeal to the master agent coordinator that wants to unleash their AI army on distributed tasks.”

I’m a little late to this model review, but that has given me more time to think about the axes that matter for agents. Traditional benchmarks reduce model performance to a single score of correctness – they always have because that was simple, easy to quickly use to gauge performance, and so on. This is also advice that I give to people trying to build great benchmarks – it needs to reduce to one number that is interpretable. This is likely still going to be true in a year or two, and benchmarks for agents will be better, but for the time being it doesn’t really map to what we feel because agentic tasks are all about a mix of correctness, ease of use, speed, and cost. Eventually benchmarks will individually address these.

Where GPT 5.4 feels like another incremental model on some on-paper benchmarks, in practice it feels like a meaningful step in all four of those traits. GPT 5.4 in Codex, always on fast mode and high or extra-high effort, is the first OpenAI agent that feels like it can do a lot of random things you can throw at it.

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