Monday, December 23

OpenAI Announces New Generation of Embedding Models and API Pricing Reduction

OpenAI Announces New Generation of Embedding Models, API Pricing Reduction

OpenAI introduces GPT-4 Turbo and moderation models, along with enhanced API management tools

  • OpenAI is releasing a new generation of embedding models, including new GPT-4 Turbo and moderation models.
  • The GPT-4 Turbo model is designed to provide even better performance than its predecessor, GPT-3, with prompt engineering and scripting capabilities.
  • OpenAI is also launching new API usage management tools to enable users to have more control and transparency over their AI usage.
  • In addition to the new models and tools, OpenAI will soon be reducing the pricing for the GPT-3.5 Turbo, making it more accessible to users.

Author’s Take

OpenAI’s announcement of their new generation of embedding models, along with the introduction of API usage management tools, showcases their continued commitment to providing advanced AI capabilities to users. The launch of GPT-4 Turbo promises improved performance and opens up new possibilities for prompt engineering and scripting. Moreover, the upcoming pricing reduction for GPT-3.5 Turbo makes AI access even more affordable. OpenAI’s efforts in innovation and customer-oriented solutions strengthen their position as a leading provider of cutting-edge AI technology.


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