The AI Research Company Introduces New Models, Lower Prices, and Better Tools for Developers
OpenAI, announced a new generation of embedding models, which can convert text and code into mathematical representations that are easy for computers to understand and process. The new models are more powerful, effective, and cost-effective than the previous ones. They can be used for various tasks such as text search, code search, and sentence comparison.
The new embedding models are text-embedding-3-small and text-embedding-3-large, which replace five separate models for different domains. The models have longer context length, smaller embedding size, and stronger performance on several benchmarks. The price of the new models has also been reduced by 90% compared to the old models of the same size.
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In addition to the new embedding models, OpenAI also launched new versions of its GPT-4 Turbo and GPT-3.5 Turbo models. These are large language models that can generate natural language texts for various purposes. The new versions have improved accuracy, speed, and diversity. They can also handle more complex and diverse tasks. The price of the GPT-3.5 Turbo model has also been lowered by 20%.
OpenAI also introduced new API usage management tools. These tools allow developers to easily create, modify, and monitor their API keys and usage. The new tools include a dashboard, a command-line interface. It also includes a Python library, which provides more visibility and control over the API usage and billing.
OpenAI also updated its text moderation model. It can detect and filter out harmful or inappropriate texts, such as hate speech, profanity, or personal information. The new model has better accuracy and coverage, and can handle more languages and categories.
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The new models, prices, and tools are part of OpenAI’s efforts to make artificial intelligence more accessible, useful, and ethical for everyone. The OpenAI API provides access to various artificial intelligence models and services, such as natural language processing, computer vision, and code generation. Developers can use the OpenAI API to create and integrate AI-powered applications in their respective fields and domains.
To learn more about the new models, prices, and tools, visit openai.com/blog/new-embedding-models-and-api-updates.
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