Tuesday 13 June 2023

Improvements on API GPT-3.5 and GPT-4 by OpenAI for Generative AI Applications

OpenAI Takes AI Capabilities to New Heights with GPT-3.5 Turbo and GPT-4: A Comprehensive Review

OpenAI has upped its game with a series of updates to its generative AI models, GPT-3.5 Turbo and GPT-4. The recent enhancements include improved steerability, extended context for GPT-3.5 Turbo, and the introduction of new function calling capability. The revised pricing structure makes the GPT models accessible to more developers who want to create sophisticated, high-performance AI applications to tackle the challenges of modern work environments.

Applications Powered by OpenAI
OpenAI’s GPT models are not just for developers; they have impacted a wide range of applications, including popular products like Bing, Office, and Snapchat. Salesforce has launched Einstein GPT, the first generative AI CRM product powered by OpenAI’s “most advanced models.” Morgan Stanley and HubSpot have also jumped on board, while GitHub Copilot has added generative AI to aid developers, leading to a lawsuit over copyright. Additionally, Stripe and GetResponse have integrated OpenAI GPT technology to help understand customers and reduce fraud, while Instacart has created an AI chatbot to assist with grocery shopping.

Enhancements to GPT-3.5 Turbo and GPT-4
OpenAI has announced several enhancements to their GPT models, including the introduction of a new function calling capability in the Chat Completions API, improved steerability, extended context capacity, and lower pricing.

Function Calling Capability
OpenAI has incorporated developer feedback and added the feature to describe functions to the updated models. This enhancement enables more reliable connectivity between GPT’s capabilities and external tools and APIs, supporting better-structured data retrieval from the model. Developers could use this feature to create chatbots that answer questions using external tools, conversion of natural language queries into function calls or API calls, or extraction of structured data from the text.

Model Improvements
OpenAI’s new GPT-4 and GPT-3.5 Turbo models incorporate improved steerability and extended context capacity. Developers could use the steerability feature to create AI applications more closely aligned with specific organizational tasks. The extended context capacity allows the AI to understand and generate responses for larger bodies of text up to 20 pages long, unlocking the ability to understand and summarize large amounts of text, making information extraction more efficient.

Lower Pricing
OpenAI is passing on the cost-saving benefits of system efficiencies to developers by reducing the costs of using its models. This price reduction should make it easier for developers to experiment with these models in their applications.

Continued Development of GPT models
OpenAI is committed to continually improving its platform based on developer feedback. With the latest enhancements to its AI models, GPT-3.5 Turbo and GPT-4, OpenAI offers new possibilities for developers to create innovative and improved AI applications for the workplace.

Editor’s Notes:
OpenAI has taken generative AI models to new heights by making them accessible to developers at lower costs. The improved models enhance the accuracy, performance, and capabilities of AI-enabled applications at a lower cost. The current advancements will propel OpenAI to continue developing more advanced models in the future, offering new possibilities to developers, businesses, and individuals alike. To stay current with the latest technology news, make sure to visit GPT News Room regularly.

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