OpenAI launches GPT-4 Turbo with platform upgrades and discounted rates

OpenAI’s Platform Enhancements and Reduced Pricing

OpenAI has made several new additions and improvements to its platform, along with reduced pricing, to empower developers and enhance user experience. These updates were announced during OpenAI’s DevDay event. Let’s dive into the key features:

GPT-4 Turbo

OpenAI introduced GPT-4 Turbo, the next generation of its renowned language model. Here are some noteworthy features:

• The context window of GPT-4 Turbo has been expanded to an impressive 128K, allowing it to process the equivalent of more than 300 pages of text in a single prompt.
• The pricing for GPT-4 Turbo has been optimized, making it 3x cheaper for input tokens and 2x cheaper for output tokens compared to its predecessor.

Assistants API

The Assistants API is a tool designed to simplify the process of building agent-like experiences within applications. Some key features include:

• Developers can create purpose-built AIs with specific instructions using the API.
• The API enables the leverage of additional knowledge and calling models and tools to perform tasks.

Multimodal Capabilities

OpenAI’s platform now supports a range of multimodal capabilities, including vision, image creation (DALL·E 3), and text-to-speech (TTS). Here’s what you can expect:

• GPT-4 Turbo can process images, enabling the generation of captions, detailed image analysis, and reading documents with figures.
• The integration of DALL·E 3 allows developers to create images and designs programmatically.
• The text-to-speech API enables the generation of human-quality speech from text.

Pricing Overhaul

OpenAI has significantly reduced prices across its platform, making it more accessible to developers. Here are the updated prices:

• GPT-4 Turbo input tokens are now 3x cheaper at $0.01 compared to its predecessor, and output tokens are 2x cheaper at $0.03.

Copyright Shield

To enhance customer protection, OpenAI has introduced Copyright Shield. Here’s what it entails:

• If customers using ChatGPT Enterprise and the developer platform face copyright infringement claims related to the generally available features, OpenAI will step in to defend them and cover the associated legal costs.

These updates from OpenAI demonstrate the company’s commitment to democratizing AI technology and enabling developers to create innovative applications across various domains.