OpenAI Upgrades GPT-4 and GPT-3.5 Turbo for Improved Performance, Affordability, and Usability

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OpenAI has recently announced a series of updates to its API, including the introduction of function calling, improved versions of GPT-4 and GPT-3.5-turbo, and reduced costs. The function calling feature enables developers to describe functions to GPT-4 and GPT-3.5-turbo, with the model intelligently outputting a JSON object containing arguments to call those functions. The new GPT-4 and GPT-3.5-turbo versions have been fine-tuned to offer developers greater control over the model’s output, and a new 16k context version of GPT-3.5-turbo can take into account more information when generating text.

The state-of-the-art embedding model has undergone a 75% price reduction, and input tokens for GPT-3.5-turbo are now 25% cheaper. OpenAI has also announced the deprecation timeline for the GPT-3.5-turbo-0301 and GPT-4-0314 models, which will retire on June 1, 2023. These updates are a significant improvement to OpenAI’s API and will make it easier for developers to build applications that use GPT.

OpenAI has limited access to the full version of GPT-4, but Microsoft, one of its major investors and partners, reportedly bypassed these restrictions and used GPT-4 to integrate it into its Bing chat mode. The feature allows users to interact with the search engine in a conversational way, but OpenAI warns that the model is not ready for public deployment and may pose ethical and social risks. While GPT-4 is an impressive and powerful language model, it lacks understanding of the world and the facts it writes about, and can generate inaccurate, misleading or even harmful information.

OpenAI has implemented safeguards such as filters, human oversight and feedback mechanisms to control the outputs of GPT-4, but Microsoft’s actions highlight the potential risks and challenges associated with the use of the model. The updates to OpenAI’s API are welcome changes that will make GPT more accessible and affordable for developers, but responsible and ethical use of the technology is crucial for its continued success.

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Frequently Asked Questions (FAQs) Related to the Above News

What updates has OpenAI announced for its API?

OpenAI has announced updates to its API, including function calling, improved versions of GPT-4 and GPT-3.5-turbo, and reduced costs.

What is the function calling feature in OpenAI's API?

The function calling feature in OpenAI's API enables developers to describe functions to GPT-4 and GPT-3.5-turbo and receive a JSON object containing arguments to call those functions.

How have the GPT-4 and GPT-3.5-turbo versions been improved?

The GPT-4 and GPT-3.5-turbo versions have been fine-tuned to offer developers greater control over the model's output, and a new 16k context version of GPT-3.5-turbo can take into account more information when generating text.

What reductions have been made to the price of OpenAI's API?

OpenAI has reduced the cost of its state-of-the-art embedding model by 75%, and the input tokens for GPT-3.5-turbo are now 25% cheaper.

When will the GPT-3.5-turbo-0301 and GPT-4-0314 models retire?

The GPT-3.5-turbo-0301 and GPT-4-0314 models will retire on June 1, 2023.

What did Microsoft do with the full version of GPT-4?

Microsoft reportedly bypassed restrictions and used the full version of GPT-4 to integrate it into its Bing chat mode, allowing users to interact with the search engine in a conversational way.

What risks are associated with the use of GPT-4?

GPT-4 lacks understanding of the world and the facts it writes about, and can generate inaccurate, misleading, or harmful information. The responsible and ethical use of the technology is therefore crucial for its continued success.

What safeguards has OpenAI implemented to control the outputs of GPT-4?

OpenAI has implemented filters, human oversight, and feedback mechanisms to control the outputs of GPT-4.

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.

Aryan Sharma
Aryan Sharma
Aryan is our dedicated writer and manager for the OpenAI category. With a deep passion for artificial intelligence and its transformative potential, Aryan brings a wealth of knowledge and insights to his articles. With a knack for breaking down complex concepts into easily digestible content, he keeps our readers informed and engaged.

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