OpenAI Launches Exciting New Features on ChatGPT

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OpenAI, a startup led by Sam Altman, has announced the release of new features for ChatGPT, its powerful conversational robot, to compete with other artificial intelligence (AI) sectors. The latest release includes a function called Function Call, which enables developers to describe programming functions and allows GPT-3.5 and GPT-4 to generate appropriate code. With this feature, developers can create chatbots that can perform multiple functions, help answer queries, and convert natural language into database queries and structured data.

In addition to Function Call, OpenAI is introducing a larger context window in GPT-3.5 Turbo. The context window measures in tokens or chunks of raw text, which refers to the text that the model considers before generating content. Compared to the previous version, it offers four times the context length (16,000 tokens) of the vanilla GPT-3.5 Turbo at twice the price. Even though OpenAI claims it can generate up to 20 pages of text in one go, it is relatively lower than Anthropic’s flagship model Claude, which can process hundreds of pages.

OpenAI announces a 25% reduction in the cost of GPT-3.5 Turbo and TEXT-embedding ada-002. Developers can now use the model for $0.0015 per 1,000 input tokens and $0.002 per 1,000 output tokens. TEXT-embedding ada-002 is now available for $0.0001 for 1,000 tokens, which is a 75% reduction from the initial price. According to OpenAI, it can afford to reduce prices due to the increased efficiency of its systems, which is a key factor for the startup’s success. OpenAI spends hundreds of millions of dollars on research and infrastructure to improve its offerings.

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Through the introduction of these new features, OpenAI will enhance the accessibility of its product to a more extensive range of internet users globally. The new policy will assist in creating a more competitive environment while giving more consumers access to its product.

Frequently Asked Questions (FAQs) Related to the Above News

What is OpenAI?

OpenAI is a startup that develops artificial intelligence models and tools.

What is ChatGPT?

ChatGPT is a conversational robot developed by OpenAI.

What is Function Call?

Function Call is a feature that enables developers to describe programming functions and generate appropriate code using GPT-3.5 and GPT-4.

What can developers do with the Function Call feature?

With the Function Call feature, developers can create chatbots that can perform multiple functions, help answer queries, and convert natural language into database queries and structured data.

What is the larger context window in GPT-3.5 Turbo?

The larger context window in GPT-3.5 Turbo refers to the text that the model considers before generating content. It offers four times the context length of the vanilla GPT-3.5 Turbo at twice the price.

How much does the GPT-3.5 Turbo cost?

The GPT-3.5 Turbo now costs $0.0015 per 1,000 input tokens and $0.002 per 1,000 output tokens, which is a 25% reduction from the previous price.

How much does the TEXT-embedding ada-002 cost?

The TEXT-embedding ada-002 now costs $0.0001 for 1,000 tokens, which is a 75% reduction from the initial price.

Why did OpenAI reduce the prices of its products?

OpenAI reduced the prices of its products due to the increased efficiency of its systems.

What is the impact of the new features on the accessibility of OpenAI's products?

The new features will enhance the accessibility of OpenAI's products to a more extensive range of internet users globally.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Aniket Patel
Aniket Patel
Aniket is a skilled writer at ChatGPT Global News, contributing to the ChatGPT News category. With a passion for exploring the diverse applications of ChatGPT, Aniket brings informative and engaging content to our readers. His articles cover a wide range of topics, showcasing the versatility and impact of ChatGPT in various domains.

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