No. There is currently no annual cap on O visas.
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To qualify for O visa, the alien must be coming to the U.S. to work in his or her area of extraordinary ability or achievement.
The O non-immigrant category is reserved for Aliens of extraordinary ability in the sciences, arts, education, business, or athletics (O-1), the artist’s or athlete’s support staff (O-2), and the O-1’s spouse and/or children (O-3).