In December 2023, OpenAI conducted its first-ever developer conference, in which it showcased the newest models of its AI chatbot, revealed major updates to its API, and talked about the new tools it has made available for developers who make new apps.
OpenAI CEO Sam Altman said almost all Fortune 500 companies are using its solutions, and ChatGPT has 100 million weekly users, with numbers growing every single day. Also, ChatGPT needed some updates to function better.
Altman announced the latest model for ChatGPT, called the GPT-4 Turbo, at the same event. OpenAI updated the algorithm for ChatGPT from GPT-3.5 to GPT-4 earlier this year. Let us find out its features and updates below.
In the same event’s keynote speech, Altman said, “We believe that AI will be about individual empowerment and agency at a scale that we’ve never seen before. And that will elevate humanity to a scale that we’ve never seen before either.” This makes one expect more from this latest model of the GPT-ChatGPT-4 Turbo.
You can see the entire speech by clicking here:
ChatGPT-4 Turbo: All you need to know
OpenAI felt the need to introduce a newer GPT model as there were some limitations with its older versions. Here are some of ChatGPT’s older versions’ limitations:
The much-awaited ChatGPT-4 is available for paid users ChatGPT users:
In a recent tweet, OpenAI said: “Our new GPT-4 Turbo is now available to paid ChatGPT users. We’ve improved capabilities in writing, math, logical reasoning, and coding.“
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Limitations in ChatGPT Previous Models:
Lack of Real-Time Context: ChatGPT-3 does not build a memory of past interactions in any single conversation. This means there is no continuity in its content provision. It generates responses based only on the most recent input.
Sensitivity to Input Phrasing: The previous models were sensitive to slight changes in input phrasing.
Tendency to generate plausible-sounding but incorrect answers: ChatGPT-3 generates responses that may sound plausible. However, they may be factually incorrect sometimes. It still needs to develop the ability to verify the accuracy of the information it generates.
Potential for biased responses: The older model of the chatbot generates answers based on biases present in its training data. Efforts have been made to address this issue earlier as well.
Verbosity: The previous models were verbose at times and used unnecessary details too.
Inability to Ask Clarifying Questions: ChatGPT was supposed to provide human-like conversations, but it could not still ask clarifying questions for ambiguous queries.
Limited Understanding of Uncommon Topics: This model, despite its training, provided the users with less understanding of ambiguous topics.
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ChatGPT-4 Turbo: Main Features and Updates
In the realm of artificial intelligence, ChatGPT has established itself as a groundbreaking language model. However, with the release of ChatGPT 4 Turbo, OpenAI has taken its language model to new heights. Check out the features of the ChatGPT-4 Turbo below.
1. Massively boosted context length: ChatGPT-4 Turbo boosts a context length of 128,000 tokens. This is equivalent to 300 pages of a book, while GPT-4 could only manage 8,000 tokens.
2. Expanded Knowledge Base and Improved Fact-Checking: ChatGPT 4 Turbo has been given a significantly expanded knowledge base by its developers. It encompasses information and data up to April 2023. This means that the users would receive the most up-to-date and accurate information. So, now it is more reliable and trustworthy.
3. GPT-4 Turbo boasts more control through the new JSON Mode feature to enable stronger safeguards and improved API calling abilities.
4. Reproducible Outputs: In Altman’s words, “You can pass a seed parameter, and it will make the model return consistent outputs. This, of course, gives you a higher degree of control over model behavior.”
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5. Processing and Generating Images: ChatGPT 4 Turbo can process and generate images. This has happened through its integration with the DALL-E 3 image generation model. Now, users can provide text descriptions and generate corresponding images from the bot.
6. Enhanced Instruction Following & Conversation: ChatGPT 4 Turbo follows instructions remarkably and maintains a natural dialogue flow while in conversation. This model has a deeper understanding of user intent, as informed by Altman at the event. As a user, you can expect your conversations with ChatGPT-4 Turbo to be more engaging, generating relevant outputs.
7. Cost-Effective Pricing for Developers: The turbo version is cheaper to run than ChatGPT-4. It is three times cheaper for input tokens. This means ChatGPT-4 Turbo costs one cent per 100 input tokens, compared to three cents per 100 tokens in the previous model. It is two times cheaper for output tokens as well. The reduced pricing can make the model more accessible to a much wider range of developers. Altman said that the developers routinely asked for GPT-4 to be made cheaper than the previous versions.
8. Multiple Tool Integration: ChatGPT 4 Turbo provides its users with seamless integration with various AI tools simultaneously. This also includes DALL-E 3 for image generation and text-to-speech for audio output. By doing so, users can access more through a single chat interface, which can increase their productivity by many folds.
Also Read: What is GPT-4 Turbo and How is it Better Than GPT-4?
The physical updates will also be there. OpenAI, as told by Altman, would be getting rid of the model picker, the drop-down tool that allows users to select the tools they want to use.
ChatGPT 4 Turbo has become a milestone in the evolution of AI language models. It has successfully pushed the boundaries of natural language interaction, knowledge, and relatable output. It does not stop at this. ChatGPT 4 Turbo will continue to evolve every day and will be one of the spearheads in devising a fulfilling future for AI in society today.
Its expanded knowledge base, much more developed image processing capabilities, and improved instruction following have made it even more reliable for users today. One must not forget its cost-effectiveness for the developer’s pockets. ChatGPT-4 Turbo has thus metamorphized into a powerful tool for human-AI interaction. This LLM tool will bring even more groundbreaking advancements soon.
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FAQs
Sam Altman announced ChatGPT-4 Turbo in a recent developer conference hosted by OpenAI.
OpenAI announced ChatGPT-4 Turbo as a major upgrade to the ChatGPT-4 model in its Developers conference held in November 2023.
Sam Altman is the Chief Executive Officer, or CEO, of the parent firm of ChatGPT, OpenAI.
ChatGPT-4 Turbo costs around $0.01 per 1000 tokens of input to developers. The output would cost around $0.03 per 1000 tokens.
