The company aims to attract more developers to use its technology and build AI-powered chatbots and autonomous agents. However, attracting developers to build businesses using its technology has been a challenge. Meanwhile, Microsoft, a partner and investor in OpenAI, is working to reduce the costs of integrating OpenAI’s technology by creating its own AI software.
Key takeaways:
- OpenAI is planning to introduce updates to make its AI models more affordable and efficient for developers, including the addition of memory storage to its developer tools which could reduce costs by up to 20 times.
- The company also plans to unveil new tools with vision capabilities that can analyze and describe images, aiming to encourage companies to build AI-powered chatbots and autonomous agents.
- The updates are expected to be announced at OpenAI’s inaugural developer conference in San Francisco on Nov. 6, with offerings designed to attract more developers to pay for access to OpenAI’s models.
- Microsoft, a partner and investor in OpenAI, is also working to reduce costs associated with integrating OpenAI’s technology by creating its own AI software.