OpenAI’s inaugural developer conference, DevDay, delivered several exciting announcements and updates. Since the launch of ChatGPT a year ago, OpenAI has been at the forefront of the generative Artificial Intelligence revolution, and DevDay showcased their continued innovation.
Here’s a summary of the key highlights:
1. GPT-4 Turbo: OpenAI introduced the GPT-4 Turbo, a substantial upgrade from its predecessor, the GPT-4. This advanced model, available via an API preview, offers training data up to April 2023, providing users with more up-to-date OpenAI-introduced GPT-4 Turbo information. The remarkable feature is its extensive context window, set at 128K tokens, equivalent to over 300 pages of text. This enhancement allows GPT-4 Turbo to understand and respond to more complex queries, and it can now execute specific coding language requests.
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2. Improved cost-efficiency: GPT-4 Turbo brings cost savings for developers. The input cost has been reduced to just $0.01 per 1,000 tokens, and each output will cost $0.03 per 1,000 tokens, making it three times cheaper than its predecessor.
3. GPT-3.5 Turbo: Companies using GPT-3.5 Turbo will also enjoy context window improvements, enhanced functionality, and cost-effectiveness. It now has a 16K context window by default and shares similar feature updates with GPT-4 Turbo, with input and output costs of $0.01 and $0.002 per 1,000 tokens, respectively.
4. Copyright Protection: OpenAI follows the footsteps of Google and Microsoft in providing copyright indemnity to enterprise users through the “Copyright Shield” program. This initiative aims to protect customers from legal claims related to copyright infringement.
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5. Custom GPTs: OpenAI introduced a new platform for building custom versions of ChatGPT for specific use cases. These customized AI agents, called GPTs, will be accessible through the GPT Store. Users will be able to configure the behavior and features of their GPTs, such as access to web browsing, DALL-E, and OpenAI’s Code Interpreter tool. Actions will allow GPTs to connect with external services, further enhancing their capabilities.
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6. Usage Monitoring: To ensure responsible usage, OpenAI will monitor activity on the GPT platform to block fraud, hate speech, and adult themes. Verification of identity will be required for agent submission.
7. Record User Numbers: OpenAI proudly revealed that ChatGPT has achieved a staggering 100 million weekly users, making it a rapidly growing platform. This milestone reflects the impressive adoption of AI-powered chatbots.
New models and developer products were announced at DevDay: the GPT-4 Turbo with 128K context and lower prices, the new Assistants API, the GPT-4 Turbo with Vision, the DALL·E 3 API, and more. Read Here the GPT-4 Turbo Concept Note
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OpenAI’s DevDay is a testament to their commitment to pushing the boundaries of generative AI technology. With the introduction of GPT-4 Turbo, custom GPTs, and copyright protection, OpenAI continues to shape the AI landscape and drive innovation in the industry. ChatGPT’s massive user base highlights the impact of AI-powered chatbots in our daily lives, marking a remarkable milestone for the company.
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