OpenAI introduced smaller AI models known as embeddings, which aid applications in understanding the connections between various contents.
OpenAI has released new models, including an updated GPT-4 Turbo preview model, and it has dropped the price for GPT-3.5 Turbo application programming interface (API) access. The company has also introduced new ways for developers to manage API keys and understand API usage.
In a blog post, OpenAI said the updated GPT-4 Turbo “completes tasks like code generation more thoroughly than the previous preview model and is intended to reduce cases of ‘laziness’ where the model doesn’t complete a task.”
OpenAI said it is also introducing a new GPT-3.5 Turbo model, gpt-3.5-turbo-0125, and for the third time in the past year, it will be decreasing prices on GPT-3.5 Turbo to help its customers scale. The input prices for the new model are reduced by 50% to $0.0005 per thousand tokens, and output prices are reduced by 25% to $0.0015 per thousand tokens.
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Source: https://cointelegraph.com/news/openai-gpt-4-update-price-drop-new-embeddings-models