Currently, when selecting Azure OpenAI SKU = Standard to initialize an agent template with default version gpt-4o-mini (2024-07-18), it results in a provisioning failures. Selecting GlobalStandard will avoid this error and deployments are successful.

According to Azure model retirements documentation:

Standard deployment type retires on 2026-03-31, with auto-upgrades scheduled to start on 2026-03-09. For other deployment types, including ALL Provisioned, Global Standard, and Data Zone Standard, the retirement date has been moved to 2026-10-01.

The extension framework should probably filter out deprecated models and model versions by default.