OpenAI Upgrades Add Features, Drop Prices | Inquirer Technology

OpenAI upgrades feature function calling and reduce pricing

01:09 PM June 14, 2023

ChatGPT will become a more accessible and reliable developer tool thanks to the recent OpenAI upgrades. The most significant feature is “function calling,” which turns function descriptions into programming code. Moreover, the AI company made its developer tools more affordable.

This AI chatbot shook the world by gaining more than 100 million users despite being months old. However, OpenAI continues to innovate as it improves its popular chat program by letting more developers use it. Soon, we could expect more products and services to adopt artificial intelligence, becoming a larger part of daily life.

This article will discuss the recent OpenAI upgrades, including the function calling feature and reduced pricing. Then, I will show what you can do with the latest large language model, from checking your homework to answering customer queries.

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What are the latest OpenAI upgrades?

This is the OpenAI website.

OpenAI announced its new changes on June 13, 2023, on its website. It says, “We’re announcing updates including more steerable API models, function calling capabilities, longer context, and lower prices”:

  • new function calling capability in the Chat Completions API
  • updated and more steerable versions of gpt-4 and gpt-3.5-turbo
  • new 16k context version of gpt-3.5-turbo (vs the standard 4k version)
  • 75% cost reduction on our state-of-the-art embeddings model
  • 25% cost reduction on input tokens for gpt-3.5-turbo
  • announcing the deprecation timeline for the gpt-3.5-turbo-0301 and gpt-4-0314 models

How do these upgrades work?

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Most people use the free version of ChatGPT, which uses the GPT-3.5 Turbo large language model. Others pay $20 monthly to use the more advanced version, GPT-4.

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Nowadays, developers use the tool to create new software. The new function software facilitates their tasks by recognizing normal language statements, converting them into database queries, and extracting structured data.

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Ask a ChatGPT-enabled program to “Email Anya to see if she wants to get coffee next Friday.” The OpenAI upgrades let it turn that query into a function call like “send_email(to: string, body: string).”

The software can get structured data back from the model more reliably. As a result, ChatGPT can help developers create more powerful programs for various purposes.

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More coders have the opportunity to integrate ChatGPT with their projects. According to TechCrunch, the company reduced the original GPT-3.5 Turbo’s price by 25%.

Developers can use the model for $0.0015 per 1,000 input tokens and $0.002 per 1,000 output tokens. TechCrunch says that is equivalent to roughly 700 pages per dollar.

The company also released a new version with a wider context window. A “context window” refers to the words the model considers before creating new text.

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In other words, it determines the words the chatbot will “remember” when generating text. Models with smaller windows “forget” recent queries, so they are more likely to divert from a user’s topic.

Moreover, OpenAI embedding Ada v2 drops its price to $0.0001 per 1,000 tokens, a 75% reduction. The company says it boosted its system efficiency, making this price reduction possible.

OpenAI embeddings measure the “relatedness of text strings,” helping ChatGPT “understand” user queries. They are essential for developers applying this chatbot to their programs.

What are the applications of ChatGPT?

This is someone using ChatGPT.

The new upgrades are still great news if you’re not a programmer. For example, you can ask ChatGPT to make a program. Thanks to the upgrades, it is more likely to generate accurate results.

You may also like: How To Create Effective ChatGPT Prompts

As a result, the chat software can help you learn how to make your first program. You may integrate it into other upcoming products and services.

For example, you can ask ChatGPT to make a website. Then, you could integrate it as a chatbot program, allowing your online business to have one.

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Conclusion

OpenAI improved its chatbot, making it easier for developers to get structured data. Soon, we can expect more apps to gain significant upgrades.

The chatbot can also help you learn how to code. You may ask it to create a specific program and learn from the code it generates. Eventually, you can use these skills.

You can learn more about these OpenAI developments on this webpage. Also, Inquirer Tech lets you check the latest tips and tricks in artificial intelligence, gadgets, and more.

TOPICS: AI, ChatGPT, interesting topics, OpenAI, Trending
TAGS: AI, ChatGPT, interesting topics, OpenAI, Trending

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