[nsagent]

Both models generate an answer after multiple turns, where each turn has access to the outputs from a previous turn. Both refer to the chain of outputs as a trace.

Since OpenAI did not specify what exactly is in their reasoning trace, it's not clear what if any difference there is between the approaches. They could be vastly different, or they could be slight variations of each other. Without details from OpenAI, it's not currently possible to tell.