OpenAI, the renowned artificial intelligence company, held its first developer event on Monday (06 Nov 2023), leaving attendees and the tech world buzzing with excitement. The event showcased a series of groundbreaking announcements and new releases that are set to shape the future of AI and language models. Here’s a comprehensive summary of the highlights for those who might have missed the action.

ChatGPT’s Remarkable Milestone

After a year since its launch, ChatGPT has proven to be a resounding success. OpenAI proudly revealed that more than 100 million users engage with ChatGPT on a weekly basis. Notably, ChatGPT achieved the milestone of 100 million monthly users within just a few months of its initial release. Additionally, over 2 million developers are actively using the ChatGPT API to create innovative solutions.

GPT-4 Turbo: Unleashing Enhanced Capabilities

OpenAI introduced the world to the GPT-4 Turbo, an advanced iteration of the immensely popular GPT-4 model. This powerful new model comes in two versions:

  • Text Analysis: The text-only version is priced at a highly competitive $0.01 for every 1,000 input tokens and $0.03 for 1,000 output tokens.
  • Text and Images: The version that can comprehend both text and images will cost $0.00765 for processing a 1080 x 1080-pixel image.

One of the standout features of the GPT-4 Turbo is its astonishing context window, capable of handling 128,000 tokens or approximately 100,000 words. This represents a fourfold increase compared to the context window of GPT-4. Furthermore, GPT-4 Turbo has a knowledge cut-off date of April 2023, providing access to more recent information compared to GPT-4’s September 2021 cut-off date.

User-Created GPTs: A New Frontier

OpenAI made an exciting announcement that empowers users to create their own variations of GPT for recreational or productivity purposes. What sets this development apart is that users can craft these bots effortlessly using prompts, without requiring any coding skills. Additionally, OpenAI will offer enterprise customers the opportunity to build internal-only GPTs based on the company’s knowledge base.

The GPT Store: A Platform for User-Created AI Bots

OpenAI is set to launch the GPT Store, allowing users to publish their GPT creations, with an initial focus on “verified builders.” CEO Sam Altman also hinted at compensation for individuals with popular GPTs, opening up new possibilities for creators and developers.

A New API for Building Assistants

OpenAI unveiled the Assistants API, providing developers with the tools to construct their own “agent-like experiences.” This versatile API enables the creation of agents capable of retrieving external knowledge or executing specific programming functions. The potential use cases span from coding assistants to AI-powered vacation planners, offering a wide array of possibilities.

DALL-E 3 API: Art Meets AI

DALL-E 3, OpenAI’s remarkable text-to-image model, is now accessible through an API that includes built-in moderation tools. The API offers image output options ranging from 1024×1024 to 1792×1024 in various formats, with a pricing structure set at $0.04 per generated image.

New Text-to-Speech APIs: A Sonic Revolution

OpenAI introduced the Audio API, which presents six preset voices: Alloy, Echo, Fable, Onyx, Nova, and Shimer. This API provides access to two generative AI models and is available at a rate of $0.015 for every 1,000 input characters, ushering in a new era of text-to-speech capabilities.

A Pledge to Safeguard Businesses

In a noteworthy move, OpenAI introduced the Copyright Shield program at the developer conference, promising to shield businesses utilizing OpenAI’s products from copyright claims. OpenAI is committed to covering legal fees for customers who use its “generally available” developer platform and ChatGPT Enterprise in case they face IP lawsuits related to content generated by OpenAI’s tools. This program aligns with the recent trend among tech giants, including Microsoft, Google-backed Cohere, Amazon, and IBM, who have pledged to protect their customers against IP infringement claims.

The OpenAI developer event showcased a remarkable array of innovations and commitments that promise to shape the future of AI, empower users and creators, and protect businesses from legal challenges. The impact of these developments is sure to resonate across the tech industry and beyond.