This article was originally published on November 7, 2023 on LinkedIn.
OpenAI’s Latest Developments: Reasons Why You Should Add These Points to Your Tech Radar
The technology landscape is rapidly evolving, with artificial intelligence (AI) at the forefront, and OpenAI is consistently at the helm of breakthroughs and innovations. With ChatGPT-4 Turbo, a soon-to-be-released GPT Builder, Assistant API with playground support, and a new text-to-speech model, OpenAI is revolutionizing the interaction between AI and users. Furthermore, OpenAI's competitive stance is bolstered by reducing costs for companies and developers, adapting quickly to maintain its market lead, and responding to the developer community's feedback. The anticipation of Grok, a potential competitor announced by Elon Musk, adds to the dynamism of the AI field. Here are the compelling reasons why OpenAI's latest developments should be firmly on your tech radar.
OpenAI has unveiled ChatGPT-4 Turbo at its first-ever developer conference. This new model dramatically expands the context window to 128,000 tokens (about 300 pages of text) and offers faster response times and updated training data, significantly enhancing conversational capabilities.
Facing competition from entities like Anthropic, Google, Meta, and the newly announced Grok, OpenAI is unrelenting in its innovation, ensuring it remains a leader in the AI revolution. They are adding features, speed, and an updated model at a cheaper price. The competition is fierce, too. For example, Elon Musk announced a competitor to ChatGPT called Grok. The Grok system is said to have real-time knowledge of the world via the X platform and will answer questions rejected by most other AI systems. Rest assured, ChatGPT will have legitimate competition to push developers to build even better AI interactions and systems.
The GPT Builder is poised to be a game-changer, rumored to allow users to modify, test, and sell custom ChatGPT versions in a marketplace reminiscent of the App Store, encouraging a marketplace of diverse AI applications. You have access to the assistant API and tools to create custom assistants now. This includes uploading files to seed the assistance domain knowledge (built-in RAG), which you can use via their new assistant API. You can also preview sample GPTs that they built.
OpenAI has also introduced a text-to-speech model that converts text to natural-sounding audio, complete with multiple voice presets, significantly enhancing voice-activated AI applications. The voices do not sound like generated robot voices. They sound smooth.
By making their software more cost-effective, OpenAI has democratized access to AI technology, enabling a broader spectrum of innovation and application across sectors. The price has dropped by six times for ChatGPT API access while increasing features and speed. This is a big deal if you have apps that need the power of GPT 4, as API access can be pricey.