Introduction
In a groundbreaking development in the world of artificial intelligence, OpenAI recently announced a series of notable updates to its generative AI models: GPT-3.5 Turbo and GPT-4. These enhancements aim to provide developers with a more extensive toolbox for creating sophisticated, high-performing AI applications, catered to the demands of contemporary work environments.
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Transforming the Landscape of AI Applications
The latest improvements by OpenAI are not solely beneficial for developers but also have a broad impact on everyday digital tools. Many might not be aware, but OpenAI’s advancements have found their way into tools and applications they use daily. For instance, Microsoft and OpenAI joined forces to enhance popular products like Bing and Office with generative AI. Snapchat also launched a generative AI chatbot, ‘My AI,’ built on OpenAI’s GPT models, which now boasts the ability to send and interpret image snaps.
Furthermore, Salesforce, the global leader in CRM, released the first generative AI CRM product, Einstein GPT, utilizing OpenAI’s top-tier models. Companies like Morgan Stanley and HubSpot have also tapped into the power of the latest GPT-4 model. OpenAI’s GPT technology has even been incorporated by Stripe to enhance customer understanding and reduce fraud. As a result of these updates, users should expect to see substantial improvements in the performance of AI built on OpenAI technology.
The Game-Changing Updates to GPT-3.5 Turbo and GPT-4
OpenAI’s most recent updates to GPT-3.5 Turbo and GPT-4 are undoubtedly revolutionizing the field of generative AI. The changes include a new function calling capability in the Chat Completions API, improved steerability, extended context for GPT-3.5 Turbo, and lowered pricing.
New Function Calling Capability
One of the most exciting features is the new function calling capability. OpenAI has given developers the ability to describe functions to the updated models and have the AI intelligently produce a JSON object containing arguments for those functions. This allows a more reliable connection of GPT’s capabilities with external tools and APIs, enhancing data retrieval from the model.
The new function calling capabilities open up numerous application possibilities, including the creation of chatbots that answer questions by calling external tools, converting natural language queries into function calls, API calls, or database queries, and extracting structured data from the text. These abilities can dramatically enhance workplace apps, making them more user-friendly and efficient by translating a user’s natural language query into a function call to a CRM or ERP system.
Improved Steerability and Extended Context
The latest GPT-4 and GPT-3.5 Turbo models also feature improved steerability and extended context, enabling developers to create AI applications tailored to specific organizational requirements or tasks. The release of GPT-3.5 Turbo-16k supports up to 20 pages of text in a single request, a four-fold increase over the standard GPT-3.5 Turbo. This extended context capacity can revolutionize how AI comprehends and generates responses for larger bodies of text.
Affordable Pricing
OpenAI has also passed on cost savings to developers due to improvements in system efficiencies. They have announced a 75% price reduction for the GPT-4 model, making it more accessible to developers across the globe.
Conclusion
In conclusion, OpenAI’s recent updates to GPT-3.5 Turbo and GPT-4 have the potential to reshape the landscape of AI development. Whether you’re a developer looking to create sophisticated AI applications, a business aiming to improve customer interaction, or a user excited about more intuitive digital tools, OpenAI’s latest improvements in function calling, steerability, and pricing are likely to bring significant benefits. As the integration of these models continues, it is exciting to speculate on the future possibilities of AI.
Source : OpenAI Blog – Function calling and other API updates
