OpenAI has announced updates to its API, which includes improved function calling capabilities and reduced costs for its services. The company has introduced changes to its application programming interface (API) that allows developers to build chatbots or applications that interact with external tools and APIs, making it easier for them to perform specific tasks. The updates also make for more steerable versions of GPT-4 and GPT-3.5 models, giving developers greater control over their output. OpenAI is also offering a new 16k context version of GPT-3.5 Turbo. The pricing of the Embeddings model has been reduced by 75% to $0.0001 per 1k tokens. The GPT-3.5 Turbo model has been reduced by 25% to $0.0014 per 1k input tokens and $0.002 per 1k output tokens. The company behind ChatGPT also announced up to 25% lower prices effective immediately.
OpenAI Unveils Updated API with Enhanced Function Calling Capabilities
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