OpenAI announces GPT-4 Turbo! It will be twice as fast and cheaper

OpenAI announced a suite of new models and developer products at DevDay, introducing substantial advancements and cost reductions in AI tools. The highlights include:

• Enhanced GPT-4 Model: The launch of GPT-4 Turbo marks a significant upgrade with a 128K context window, allowing for extensive interactions within a single prompt. This model is more knowledgeable, up to April 2023 events, and is significantly cheaper than its predecessor.

• Assistants API: A new API to build AI-driven applications with advanced capabilities like Code Interpreter and Retrieval, and the ability to manage long conversation threads.

• Multimodal Capabilities: The integration of vision and image creation with GPT-4 Turbo and the availability of DALL·E 3 for developers to generate images through an API.

• Text-to-Speech: A new text-to-speech API enables developers to convert text into human-like speech, with multiple voice options and high-definition quality variants.

• Customization and Fine-Tuning: Experimental access to GPT-4 fine-tuning and a Custom Models program for developing domain-specific models.

• Pricing and Accessibility: Notable price reductions across the platform and higher rate limits for developers, making these advanced AI tools more accessible .