Everything You Need to Know About OpenAI’s First Developer Event

Dev Day

OpenAI, a well-known AI company, just held its first developer event, where it revealed many fascinating new features and updates. OpenAI has demonstrated its dedication to advancing artificial intelligence by releasing new APIs and enhancing existing models. In this in-depth article, we’ll look at the most important details and discuss what these breakthroughs could mean for the future.

An Outstanding Achievement for ChatGPT

One of the major announcements from the event was the remarkable success of ChatGPT. OpenAI found that in the year since ChatGPT’s introduction, it has amassed a massive user base of over 100 million people who rely on it on a weekly basis. This further establishes ChatGPT as one of the most rapidly expanding consumer products in the current artificial intelligence market. OpenAI also boasted that over 2 million developers are using its API to create cutting-edge software.

Now Presenting GPT-4 Turbo

Recently, OpenAI released GPT-4 Turbo, an improved version of its widely used GPT-4 model. In this new release, you can choose between two variants: one focused on text analysis, and another on text and image understanding. GPT-4 Turbo is a cheap and effective option because it costs only $0.01 per 1,000 input tokens and $0.03 per 1,000 output tokens for the text-only model. Each image with a resolution of 1080 by 1080 will set you back $0.00765, thanks to the cost of the image processing capability. The context window in GPT-4 Turbo is 128,000 tokens, which is four times as large as the window in GPT-4. In addition, users have access to the most up-to-date information, as the model’s knowledge cut-off reaches all the way to April 2023.

OpenAI’s goal is to give users agency by removing the need for coding expertise in creating their own customized versions of GPTs. Individuals can create their own unique bots through a straightforward prompt-based interface and use them for anything from entertainment to increased efficiency at work. Using OpenAI’s extensive knowledge base, business clients can create GPTs for use internally only. Users now have a plethora of options for how to apply GPT technology to their unique situations thanks to this exciting initiative.

The GPT Shop Has Finally Opened

OpenAI is planning to release the GPT Store, a platform where users can publish their own GPT creations, which will further democratize AI. Launching later this month, this marketplace will initially only sell products made by “verified builders.” The CEO of OpenAI has also alluded to a plan to financially reward those who develop viral GPTs. This change coincides with the launch of Quora’s Poe platform’s creator payment program.

Presented is the Helpers Application Programming Interface.

OpenAI’s first developer event marked the launch of the Assistants API, an interface that enables developers to build their own “agent-like experiences.” With this API, builders can create helpers that can look up information elsewhere or invoke predefined coding routines. This new API’s flexibility and power are on display in the wide variety of uses that could benefit from them, from coding assistants to AI-powered vacation planners.

Investigation of the DALL-E 3 Application Programming Interface

DALL-E 3, OpenAI’s text-to-image model, is now available through an API with integrated moderation tools. This application programming interface allows developers to create images between 1024×1024 and 1792×1792. At just $0.04 per generated image, this model is a cost-effective option for anyone or any business in need of professional-grade image creation tools.

The Debut of Modern Speech Synthesis APIs

OpenAI recently announced the release of the Audio API, a text-to-speech API with six different default voices (Alloy, Echo, Fable, Onyx, Nova, and Shimer). In order to synthesize speech that sounds natural, this API grants access to two generative AI models. This API provides an effective and inexpensive means of incorporating text-to-speech capabilities into a variety of applications, at a cost of $0.015 per 1,000 input characters.

Protection System Against Copying

In an effort to protect businesses that utilize OpenAI’s products, the company announced the Copyright Shield program at its developer conference. If a user of OpenAI’s tools is ever sued for infringement of intellectual property rights, the company will pay for their defense. To further emphasize the industry’s dedication to supporting customers in IP infringement disputes, this initiative is consistent with those introduced by other tech giants such as Microsoft, Cohere (backed by Google), Amazon, and IBM.

Additional Significant Announcements

Not only did OpenAI announce the aforementioned highlights, but also the following:

  1. Soon, businesses will be able to work with OpenAI’s scientists to develop joint customer models, drawing on the latter’s extensive body of knowledge and experience.
  2. Taking away ChatGPT’s model picker will streamline the app’s interface and get rid of the need for model selection altogether.
  3. Developers in need of improved speech processing capabilities can now take advantage of OpenAI’s latest open-sourced speech recognition model, Whisper large v3.
  4. OpenAI is doubling the tokens per limit rate for all paying GPT-4 customers, providing greater flexibility and efficiency for users.

See first source: TechCrunch

FAQ

Q1: What is GPT-4 Turbo, and what are its key features?

  • GPT-4 Turbo is an advanced AI model from OpenAI. It offers several key features, including a 128k context window, awareness of global events through April 2023, cost-effectiveness with reduced token costs, and the ability to process more than 300 pages of text in a single prompt.

Q2: How does the Assistants API simplify AI development?

  • The Assistants API provides developers with access to features such as a Code Interpreter, Retrieval, and improved function calling, making it easier to build complex AI tools. It streamlines the development process by offering a more natural and straightforward way to use AI.

Q3: What improvements have been made to GPT-3.5 Turbo?

  • GPT-3.5 Turbo now has a default context window size of 16K, enhancing its understanding of the environment. It also shows improvements of 38% in format following tasks like generating JSON, XML, and YAML.

Q4: How does OpenAI incorporate vision into AI with GPT-4 Turbo?

  • GPT-4 Turbo can process images, expanding its capabilities. This capability is being used in applications like assisting people with visual impairments. OpenAI also incorporates DALL’E 3 for image creation, with a strict moderation system in place.

Q5: What is the Text-to-Speech API, and how does it enhance AI interactions?

  • The Text-to-Speech API by OpenAI provides high-quality voice output with various voice profiles and model variations. It allows developers to create more interactive and human-like AI environments.

Q6: What is Copyright Shield, and how does it protect intellectual property?

  • Copyright Shield is an addition by OpenAI that offers an extra layer of security to ChatGPT business users and API builders. It helps protect their creative works and products from harm.

Q7: What are the pricing changes and rate caps for developers using OpenAI’s AI models?

  • OpenAI has reduced the price of input tokens on GPT-4 Turbo to $0.01, making it three times cheaper than its predecessor. Output tokens are now priced at $0.03, two times cheaper than before. These changes, along with increased rate limits, make AI more affordable and scalable for developers.

Q8: What is the Custom GPTs feature, and how can users benefit from it?

  • Custom GPTs allow users to train ChatGPT for specific tasks, customizing the AI’s capabilities to suit their needs. Users can create their own GPT models and contribute to the development of new AI tools through OpenAI’s GPT Store.

Q9: How has OpenAI integrated various tools and data to improve the user experience with GPT-4 Turbo?

  • GPT-4 Turbo includes information up to April 2023, eliminating the need for users to switch between different versions. This integration streamlines the user workflow and enhances the overall experience.

Featured Image Credit: Photo by Andrew Neel; Unsplash – Thank you!