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OpenAI debuts GPT-4 Turbo and fine-tuning program for GPT-4 | TechCrunch

Nov 06, 2023 - techcrunch.com
OpenAI has unveiled GPT-4 Turbo, an enhanced version of its AI text-generating model, GPT-4, which is claimed to be more powerful and cost-effective. The new model comes in two versions: a text-analyzing model and a second version that understands both text and image context. The text-analyzing model is available in preview via an API, with plans to make both versions generally available soon. GPT-4 Turbo is priced at $0.01 per 1,000 input tokens and $0.03 per 1,000 output tokens, with image-processing costs depending on image size.

GPT-4 Turbo offers several improvements over GPT-4, including a more recent knowledge base, an expanded context window, and a new "JSON mode" for valid JSON responses. The model also performs better on tasks requiring careful instruction following. Alongside GPT-4 Turbo, OpenAI is launching an experimental access program for fine-tuning GPT-4, which will involve more oversight and guidance from OpenAI teams due to technical challenges. The company is also doubling the tokens-per-minute rate limit for all paying GPT-4 customers, with pricing remaining the same.

Key takeaways:

  • OpenAI has unveiled GPT-4 Turbo, an improved version of its AI model, GPT-4, which is more powerful and less expensive.
  • GPT-4 Turbo comes in two versions: one for text analysis and another that understands the context of both text and images. The pricing depends on the number of input and output tokens and the size of the image.
  • GPT-4 Turbo has several improvements over GPT-4, including a more recent knowledge base, an expanded context window, and a new JSON mode for valid JSON responses.
  • OpenAI is also launching an experimental access program for fine-tuning GPT-4 and doubling the tokens-per-minute rate limit for all paying GPT-4 customers.
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