OpenAI just made a significant step in artificial intelligence. During its recent developer conference in San Francisco, it announced groundbreaking updates to its viral AI chatbot, ChatGPT. The event showed a series of enhancements, including the ability for developers to create customized versions of ChatGPT, a new digital store, and reduced pricing for developers. The conference comes nearly a year after the initial launch of ChatGPT, which has seen widespread adoption, with 2 million developers and 90% of Fortune 500 companies utilizing the platform. It has become really popular and now has 100 million active users.
Customized AI with GPTs
A feature revealed during the conference is the introduction of GPTs, allowing developers to create customized versions of ChatGPT that are made to do specific tasks well. These GPTs function similarly to plugins, connecting to databases, facilitating e-commerce orders, and even being employed in emails. OpenAI has big plans for these GPTs. It can be used for math tutoring and designing stickers, achievable without prior coding experience.
Creating a GPT is a straightforward process involving starting a conversation, providing instructions and additional knowledge, and specifying its capabilities, such as web searching, image creation, or data analysis.
GPT Store and Developer Incentives
OpenAI is set to launch the GPT Store, a digital marketplace where developers can show their GPT creations. Like conventional app stores, the GPT Store will feature a leaderboard and categorize tools based on their utility, such as productivity, education, and entertainment. Developers will also have the opportunity to earn income based on the usage of their GPTs, fostering a collaborative and innovative ecosystem.
Improved Technology with GPT-4 Turbo
Introducing GPT-4 Turbo, the latest version of the technology powering ChatGPT, was a highlight of the conference. It’s a big improvement because it can understand information equal to 300 pages of a regular book, 16 times more than the previous version. The platform’s knowledge base has also been expanded through April 2023, addressing the limitation of ChatGPT’s knowledge cutoff in 2021.
Price Reductions for Developers
In a move to support developers, OpenAI announced a significant price reduction. Developers will now pay $0.01 for 1,000 input tokens, making it three times cheaper than GPT-4. This pricing adjustment aims to empower developers to manage high volumes of information cost-effectively through the platform.
Enhanced Privacy and Safety
Emphasizing its commitment to user privacy and safety, OpenAI assured users that their chats with ChatGPT are not shared with anyone. This underscores OpenAI’s dedication to maintaining a secure and private environment for users interacting with the AI chatbot.
Looking Ahead
OpenAI’s CEO, Sam Altman, highlighted the importance of incremental progress, indicating that GPTs will continue to evolve, becoming more useful and intelligent over time. The company imagines a future where AI models can take on real-world tasks, acknowledging the necessity for careful technical and safety considerations as society gets used to the evolving landscape of Generative AI.
OpenAI’s recent developer conference marks a significant milestone in the evolution of ChatGPT and its core technology. The introduction of GPTs, the GPT Store, price reductions, and enhanced features demonstrate OpenAI’s commitment to encouraging innovation, collaboration, and accessibility in artificial intelligence. As these progressions continue, AI becoming a regular part of our daily lives seems promising.
