Additionally, OpenAI is launching two platform improvements to provide developers with more visibility into their usage and control over API keys. Developers can now assign permissions to API keys, and the usage dashboard and usage export function now expose metrics on an API key level. The company plans to further improve these features in the coming months.
Key takeaways:
- OpenAI is launching new models including two new embedding models, an updated GPT-4 Turbo preview model, an updated GPT-3.5 Turbo model, and an updated text moderation model.
- The new embedding models, `text-embedding-3-small` and `text-embedding-3-large`, offer improved performance and efficiency, with the small model being 5X cheaper than its predecessor.
- Prices for the new GPT-3.5 Turbo model are being reduced by 50% for input and 25% for output, and the model will include various improvements.
- OpenAI is also introducing new API usage management tools, providing developers with more visibility into their usage and control over API keys.