OpenAI Announces GPT-4 Turbo

📣 News Flash | November 7, 2023

📣 OpenAI introduced the potent GPT-4 Turbo AI model and a novel approach for developers to craft customized ChatGPT bots, alongside a pricing reduction. The GPT-4 Turbo model updates its knowledge base to April 2023, enhances input limits to 300 pages, and supports AI-generated imagery and text-to-speech with multiple voices. OpenAI's CEO Sam Altman unveiled these strides at their inaugural DevDay, emphasizing the company's commitment to evolving AI solutions and staying competitive.

The announcements included a surprise talk by Microsoft CEO Satya Nadella, reflecting on Microsoft's substantial investment in OpenAI. Additionally, the new "GPT Store" will enable creators to monetize their custom GPTs, signifying OpenAI's shift towards an intelligence-centric business model. They also introduced a unified tool for image generation, web browsing, and summarization, and a copyright shield to defend users against legal claims, marking significant advancements in the AI field.

  • OpenAI's Evolution

    • ChatGPT Introduction: About a year ago, ChatGPT debuted as a research preview and received positive feedback.

    • GPT-4 Launch: In March 2023, OpenAI introduced GPT-4, the most sophisticated model to date.

    • Multisensory Enhancements: Recent months saw ChatGPT gain capabilities in processing visual and auditory data.

  • DALL-E 3 and ChatGPT for Enterprise

    • DALL-E 3 Release: The advanced image model, DALL-E 3, integrates with ChatGPT.

    • ChatGPT for Businesses: A new enterprise version offers enhanced security, quicker GPT-4 access, and extended context windows.

  • Usage Statistics

    • Developer Engagement: Around 2 million developers use the API for various applications.

    • Corporate Adoption: Over 92% of Fortune 500 companies are utilizing the platform.

    • User Base: ChatGPT has approximately 100 million weekly active users, mainly growing through referrals.

  • GPT-4 Turbo's Top Features

    • #1 Cost-Effective Pricing: GPT-4 Turbo is more affordable, with significant price cuts.

    • #2 Expanded Context Length: Supports up to 128,000 tokens, allowing for comprehensive document handling.

    • #3 Developer Control: New features for better command over model outputs, including JSON Mode and reproducible outputs.

    • #4 Function Calls: Enhanced capability for concurrent multiple function calls.

    • #5 Output Consistency: Introduction of reproducible outputs for consistent results.

    • #6 Up-to-date Knowledge: GPT-4 Turbo includes knowledge up to April 2023 and improved retrieval functions.

    • #7 Multi-Modal Integration: Incorporation of DALL-E 3 and new vision and text-to-speech models.

    • #8 Advanced Information Retrieval: Ability to pull knowledge from external sources.

    • #9 DALL-E 3 Applications: Coca-Cola uses DALL-E 3 for customer engagement, and images can now be input into the API.

    • #10 Text-to-Speech Development: Introduction of a natural-sounding text-to-speech model with various voice options.

    • #11 Speech Recognition Evolution: Announcement of the upcoming Whisper V3 model.

    • #12 Customization Opportunities: "Custom Models" program to develop tailor-made GPT-4 applications for businesses.

  • Future AI Integration

    • Mini AI Agents: OpenAI proposes various specialized AI agents based on GPT-4 Turbo for different tasks.

    • AI Pervasiveness: A forecast of AI becoming an integral part of all job sectors.

    • Reader Inclusion: Encouragement for readers to contribute and benefit from AI advancements.

Discover how AI is reshaping various sectors—from IT and software to banking and retail. Stay updated with handpicked AI trends, practical applications, expert analyses, and research.

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