OpenAI Implements New Features and Reduces Prices

ChatGPT has recently undergone upgrades by OpenAI, making it a more accessible and dependable developer tool. One of the standout features is the introduction of “function calling,” which allows developers to utilize programming code from function descriptions. Additionally, OpenAI has made its developer tools more affordable. Despite being relatively new, ChatGPT has garnered over 100 million users globally, showcasing its widespread popularity. OpenAI continues to innovate and improve its chat program, opening doors for more developers to utilize its capabilities. This signifies a growing trend of artificial intelligence playing a larger role in everyday life, with various products and services expected to adopt the technology.

The recent OpenAI upgrades include the function calling feature and reduced pricing, as announced on June 13, 2023, through the company’s website. The upgrades encompass:

1. Introduction of function calling capabilities in the Chat Completions API.
2. Enhanced and more maneuverable versions of gpt-4 and gpt-3.5-turbo.
3. A new 16k context edition of gpt-3.5-turbo, offering a wider context window compared to the standard 4k version.
4. A 75% reduction in cost for the state-of-the-art embeddings model.
5. A 25% reduction in cost for input tokens in gpt-3.5-turbo.
6. Deprecation timeline announcement for the gpt-3.5-turbo-0301 and gpt-4-0314 models.

These upgrades enable developers to call custom functions in both the GPT-4 and GPT-3.5 Turbo models through the API. This empowers the models to utilize developer-designed tools, making tasks more efficient. Developers can now input natural language statements, which the software recognizes and converts into database queries, thus extracting structured data. For instance, a query like “Email Anya to see if she wants to get coffee next Friday” can be transformed into a function call like “send_email(to: string, body: string).” This streamlined process enables more reliable extraction of structured data, enabling developers to create powerful programs for a range of purposes. Furthermore, these upgrades expand opportunities for integration with various projects.

OpenAI has also made its developer tools more cost-effective. According to TechCrunch, the company has reduced the price of the GPT-3.5 Turbo model by 25%. Developers can now utilize the model at a rate of $0.0015 per 1,000 input tokens and $0.002 per 1,000 output tokens. In terms of value, this equates to approximately 700 pages per dollar. OpenAI has also released a new version with a wider context window, allowing for a more robust conversation flow. Moreover, the price reduction extends to OpenAI embedding Ada v2, with the cost dropping to $0.0001 per 1,000 tokens, a significant 75% reduction. OpenAI embeddings play a crucial role in determining the relatedness of text strings, enhancing ChatGPT’s understanding of user queries and aiding developers in implementing the chatbot within their programs.

The applications of ChatGPT are broad and extend beyond just developers. With the recent upgrades, the chatbot produces more accurate results and can be utilized to create programs, making it an ideal learning tool for beginners. It can be integrated into various future products and services, enabling users to leverage its capabilities, such as website creation and chatbot implementation for online businesses.

In conclusion, OpenAI has made significant improvements to its chatbot, enhancing its usability for developers and paving the way for advancements in various applications. The refined chatbot facilitates developers in working with structured data, while its affordability and wider context window broaden its accessibility. Additionally, users can leverage ChatGPT to learn programming by generating code and develop valuable skills. To stay updated on OpenAI’s developments, visit their webpage, and for the latest advancements in artificial intelligence and technology, explore Inquirer Tech.

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