News Report Technology
November 06, 2023

OpenAI Announces GPT-4 Turbo and GPT App Store at its Developer Day Conference

In Brief

OpenAI unveiled several product offerings during its inaugural Developer day conference, including launch of GPT-4 Turbo and the “GPT App Store” Assistants API.

OpenAI Announces GPT-4 Turbo and GPT App Store at its Developer Day Conference

Artificial intelligence research company OpenAI unveiled several announcements today, during its inaugural Developer day conference. In a significant move, OpenAI launched the GPT-4 Turbo generative AI model and an innovative feature that allows users to craft personalized variants of its widely popular ChatGPT chatbot.

According to the company, GPT-4 Turbo’s contextual knowledge base that now spans up to April 2023 — a stark contrast to its predecessors, which were constrained to information available only until January 2022. The prior versions were unable to answer a query about the recent happenings after February 2022, but GPT-4 Turbo can now provide accurate and up-to-date responses.

Moreover, the model’s token window has been expanded to 128,000-tokens, four times the size of GPT-4’s and the largest among currently commercially available AI models. GPT-4 Turbo’s expanded input capacity can now accommodate inputs of up to 300 pages in length, a substantial enhancement from earlier iterations that were limited to around 3,000 words.

The new version also offers support for DALL-E 3 for AI-generated images and text-to-speech capabilities. Additionally, it grants users the option to receive responses six preset voices, further enhancing the model’s versatility.

OpenAI Announces GPT-4 Turbo and GPT App Store at its Developer Day Conference

The company revealed that GPT-4 Turbo will be more more cost-effective for developers and businesses stating,
“GPT-4 Turbo input tokens are 3x cheaper than GPT-4 at $0.01, and output tokens are 2x cheaper at $0.03”. This aims to offer substantial savings for those leveraging AI models for processing extensive information.

OpenAI said that GPT-4 Turbo has been available for developers in a preview phase starting today, with plans to release it to the broader public in the upcoming weeks.

Make Your Own GPT

To further aiding developers, the company announced the Assistants API, showcasing OpenAI’s efforts towards empowering developers to create “agent-like experiences” within their own applications.

The “GPT Store” aims to transform the landscape for individuals who create their unique GPT models by offering a platform for public accessibility. OpenAI also said that individuals will be able to monetize their creations in the near future, based on the level of usage they garner.

The introduction of these user-friendly features signifies a major step in the evolution of OpenAI’s offerings.

Users can now exercise full control over their chatbots, enabling them to personalize various aspects. This includes giving the chatbot a distinct name and description, modifying the greeting and specifying a set of prompts for other users. Moreover, users can select from a range of options, tailoring a particular chatbot’s capabilities, such as integrating DALL-E, conducting internet searches or even coding tasks.

Potential use cases encompass natural language-based data analysis applications, coding assistants and even AI-powered vacation planners.

The Assistants API Code Interpreter initially launched in March for ChatGPT, enables the creation of graphs, charts and the processing of files. This aims to enable assistants generated with the Assistants API to iteratively execute code for solving complex coding and mathematical challenges.

OpenAI announced that the Assistants API is currently in beta phase and is now accessible to all developers.

The company also introduced “GPTs,” enabling users to craft personalized iterations of ChatGPT for enhanced daily assistance, whether at work, home or for specific tasks. For instance, GPTs can offer guidance on board game rules, aid in teaching math to children, or facilitate sticker design.

“GPTs are available today for ChatGPT Plus and Enterprise users to try out including Canva and Zapier AI Actions. We plan to offer GPTs to more users soon,” announced OpenAI.

OpenAI said that the process of building a customized GPT is straightforward and accessible to anyone without the need for coding expertise. Users will have the liberty to create GPTs for personal use, internal company functions or broader dissemination. Initiating this creation process simply involves starting a conversation, providing instructions and supplementary information, and selecting functionalities, such as web searches, image creation or data analysis.

OpenAI Announces GPT-4 Turbo and GPT App Store at its Developer Day Conference

“Early customers like Amgen, Bain and Square are already leveraging internal GPTs to do things like craft marketing materials embodying their brand, aid support staff with answering customer questions, or help new software engineers with onboarding,” said OpenAI in a blog post. “Enterprises can get started with GPTs on Wednesday. You can now empower users inside your company to design internal-only GPTs without code and securely publish them to your workspace.”

OpenAI’s Efforts Towards Responsible AI Development

OpenAI said that user interactions with GPTs remain confidential, as they are not shared with the developers. In cases where a GPT interfaces with third-party APIs, users retain the authority to determine the permissibility of data transmission to said APIs.

Furthermore, the company said that when developers customize their own GPT through actions or knowledge incorporation, they can exercise discretion in choosing whether user interactions with that specific GPT contribute to model enhancement.

OpenAI also said it plans to enhance the existing privacy safeguards afforded to users, including the option to exempt their entire accounts from model training. OpenAI has also instituted novel review systems to bolster adherence to their usage policies regarding GPTs. Moreover, the company said that measures have been taken to cultivate user trust by enabling builders to verify their identities.

“By broadening the group of people who decide ‘what to build’ beyond just those with access to advanced technology it’s likely we’ll have safer and better aligned AI. The same desire to build with people, not just for them, drove us to launch the OpenAI API and to research methods for incorporating democratic input into AI behavior, which we plan to share more about soon,” said OpenAI.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Victor is a Managing Tech Editor/Writer at Metaverse Post and covers artificial intelligence, crypto, data science, metaverse and cybersecurity within the enterprise realm. He boasts half a decade of media and AI experience working at well-known media outlets such as VentureBeat, DatatechVibe and Analytics India Magazine. Being a Media Mentor at prestigious universities including the Oxford and USC and with a Master's degree in data science and analytics, Victor is deeply committed to staying abreast of emerging trends. He offers readers the latest and most insightful narratives from the Tech and Web3 landscape.

More articles
Victor Dey
Victor Dey

Victor is a Managing Tech Editor/Writer at Metaverse Post and covers artificial intelligence, crypto, data science, metaverse and cybersecurity within the enterprise realm. He boasts half a decade of media and AI experience working at well-known media outlets such as VentureBeat, DatatechVibe and Analytics India Magazine. Being a Media Mentor at prestigious universities including the Oxford and USC and with a Master's degree in data science and analytics, Victor is deeply committed to staying abreast of emerging trends. He offers readers the latest and most insightful narratives from the Tech and Web3 landscape.

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Bitfinex: Bitcoin Jumps 39.5% In Nine Days, Indicating Surge In Investor Interest
News Report Technology
Bitfinex: Bitcoin Jumps 39.5% In Nine Days, Indicating Surge In Investor Interest
November 21, 2024
The Rise of the UAE as a Strategic Hub for Web3 Gaming Innovation and International Collaboration
Opinion Lifestyle Markets Technology
The Rise of the UAE as a Strategic Hub for Web3 Gaming Innovation and International Collaboration
November 21, 2024
Bybit Launches Gold & FX Treasure Hunt Competition, Offering Real Gold Rewards
News Report Technology
Bybit Launches Gold & FX Treasure Hunt Competition, Offering Real Gold Rewards
November 21, 2024
Gate Group Introduces Gate Crypto Card, Offering Seamless Global Crypto Payments For EEA Residents
News Report Technology
Gate Group Introduces Gate Crypto Card, Offering Seamless Global Crypto Payments For EEA Residents
November 21, 2024