On Monday, OpenAI held its first in-person event to introduce the more powerful GPT-4 Turbo artificial intelligence model. At the event, they revealed a new option which will allow developers to customize the ChatGPT chatbot. Additionally, they are offering reduced prices.
On Monday at its first in-person event, OpenAI revealed its more powerful GPT-4 Turbo artificial intelligence model and announced a new option that allows users to create custom versions of its viral ChatGPT chatbot. Additionally, the firm decreased the fees that companies and developers pay to run its software. These moves serve to demonstrate that OpenAI is rapidly evolving in order to outpace competitors like Anthropic, Google and Meta in the AI arms race. Moreover, ChatGPT has already gained more than 100 million weekly active users and 92% of Fortune 500 companies are currently using it. Microsoft CEO Satya Nadella made a surprise appearance and expressed dedication to making sure OpenAI has the best systems for training and inference. Microsoft's $10 billion additional investment in OpenAI earlier this year made it the largest AI investment of the year, and a valuation between $27 billion and $29 billion has been reported for OpenAI following a share sale with investments from firms like Sequoia Capital and Andreessen Horowitz. In his address at the event, Altman said the day's announcements were the result of conversations with developers regarding their needs over the past year. Although there is no timeline yet on GPT-5, Altman declared that OpenAI wants to do it.
The latest AI model from OpenAI, GPT-4 Turbo, now provides answers with context up to April 2023 – a notable improvement over prior versions which only extended to January 2022 and which didn't answer queries such as 'who won the Super Bowl in February 2022'. GPT-4 Turbo can accept input of up to 300 pages in length – a significant increase over the former limit of 3,000 words – and it supports DALL-E 3 AI-generated images and text-to-speech, with six preset voices to choose from. OpenAI previewed GPT-4 Turbo for developers this week and will be releasing it broadly in the coming weeks. In addition, the company said it's reducing the costs of its input and output tokens by 3x and 2x respectively ($0.01 and $0.03) to help developers save money when running large amounts of data on GPT-4.
Up until now, ChatGPT's enterprise and business offerings were the sole way people could upload their own data to fine-tune and customize the chatbot for particular industries and use cases. However, they are now introducing the option for any individual to generate custom AI chatbots.The AI "agents" are amongst the most popular applications of the technology lately, with many start-ups striving to provide the type of personalised AI instruments that customers may already be aware of via pop culture depictions, for instance Tony Stark's J.A.R.V.I.S. in Marvel movies, or Pam in Disney Channel's Smart House.“It's possible for everyone to easily construct their own GPT—no coding is necessary,” the firm wrote in a statement. “You can make them for yourself, just for your business' internal use, or for the public. Generating one is as straightforward as initiating a conversation, providing it with instructions and extra knowledge, and picking what it's capable of, such as searching the web, creating images or analysing data.”Moreover, more than two million developers constructing their own tools using ChatGPT's API will also have the opportunity to personalize the chatbot, indicating that shoppers will potentially observe customised AI chatbots appearing in far more places, including mobile apps and websites they use on a regular basis.
OpenAI is now offering a new way of generating income with their own version of the app store known as The GPT Store. It allows creators of automated agents to make them available for public download, and in the near future, OpenAI said those who produce custom chatbots will be able to generate income based on the usage numbers of their creations. Through the store, GPTs will be easily searchable, and will be highlighted in several categories, including productivity, education, and 'just for fun.'As far as revenue share for authors of chatbots featured in the store, the company will start with "just sharing a part of the subscription revenue overall," said Altman. For now, the payout is expected to be based on active users and category bonuses, and could include subscriptions for specific GPTs later.Altman also told reporters that OpenAI is essentially selling intelligence and intelligent agents, and that is where it will continue to head in the future.
Until Monday, ChatGPT users had to switch between various apps and websites in order to access all of OpenAI's tools, resulting in a somewhat steeper learning curve. On Monday, the company declared that it has consolidated its AI tools into one location: By using ChatGPT, users can now generate images via DALL-E, browse, analyze data, upload documents, and search PDFs. Previously, Anthropic's Claude was the only competing chatbot that enabled PDF search.
On Monday, Altman declared that OpenAI would "come to the aid of its customers" and "finance any fees brought about by allegations of copyright infringement." This is similar to what Google, Microsoft and Adobe have previously stated.
Comments