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OpenAI drops prices and fixes 'lazy' GPT-4 that refused to work | TechCrunch

Jan 25, 2024 - techcrunch.com
OpenAI has announced several updates to its models and pricing, including a reduction in API access costs. The price of input for the popular GPT-3.5 Turbo model is dropping by 50% and output by 25%, which will be beneficial for developers using the API for text-intensive applications. The company also released a new version of GPT-3.5 Turbo and a preview model of GPT-4 Turbo, both with various improvements.

In addition, OpenAI plans to launch GPT-4 Turbo with vision (GPT-4 V) in the coming months. The company has also introduced new and improved text embedding models and a new version of its free moderation API, which identifies potentially harmful text. These updates are part of OpenAI's efforts to maintain its customer base as open source or self-managed models improve in performance.

Key takeaways:

  • OpenAI has released new models and reduced the price of API access, with input prices dropping by 50% and output by 25%.
  • GPT-3.5 Turbo, the most interacted with model, has a new version, 0125, with various improvements.
  • GPT-4 Turbo gets a new preview model, also 0125, which is designed to complete tasks like code generation more thoroughly and reduce cases of 'laziness'.
  • The company has also released a new version of its free moderation API, which identifies potentially harmful text.
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