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OpenAI Reveals GPT-4 Turbo And New Developer Tools

Ed Abbas by Ed Abbas
November 13, 2023
Reading Time: 2 mins read
OpenAI Reveals GPT-4 Turbo And New Developer Tools
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In a significant announcement, OpenAI introduced during DevDay a series of innovative updates and offerings, including the introduction of the more efficient and cost-effective GPT-4 Turbo, along with the Assistants API, and expanded multimodal capabilities integrating vision, image creation with DALL·E 3, and text-to-speech technology.

These advancements bring forth the new GPT-4 Turbo model, which not only enhances capability and knowledge with updates up to April 2023 but also significantly extends the context window to 128K, capable of handling over 300 pages of text in one prompt.

Furthermore, efficiency enhancements mean that GPT-4 Turbo’s pricing is substantially reduced, offering three times cheaper input tokens and twice as cheap output tokens relative to its predecessor.

We're rolling out new features and improvements that developers have been asking for:

1. Our new model GPT-4 Turbo supports 128K context and has fresher knowledge than GPT-4. Its input and output tokens are respectively 3× and 2× less expensive than GPT-4. It’s available now to…

— OpenAI (@OpenAI) November 6, 2023
Source (OpenAI X Account)

Developers can access GPT-4 Turbo through the preview API by using the identifier gpt-4-1106-preview, with a stable production-ready model slated for release in the near future.

This accessibility to a preview version signals an inclusive approach to development, providing an early taste of the enhanced capabilities that GPT-4 Turbo promises.

This suite of updates underscores a broader trend towards more advanced and affordable AI tools for developers. By reducing costs and streamlining access to these sophisticated models, DevDay is fueling a new wave of innovation in AI-driven applications.

The introduction of the Assistants API also demonstrates a commitment to simplifying the development process, enabling creators to build assistive AI apps that are goal-oriented and have the ability to call upon a variety of models and tools, including the new multimodal features.

The continual evolution of these tools shapes a promising landscape for developers, where they can not only experiment with cutting-edge AI technology but also deploy it in a cost-effective manner.

The spotlight on multimodality through these updates also signifies a step towards more integrated and versatile AI capabilities, blending text, vision, and speech to create more holistic and immersive applications.

For marketers, the message is clear: the path to integrating advanced AI into their strategies is becoming more accessible and powerful, potentially transforming how consumer interactions, content creation, and digital strategies are approached in the near future.

Tags: AIArtificial IntelligenceChatGPTChatGPT EnterpriseDALL-E 3GPT-4GPT-4 TurboOpenAI

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