OpenAI Releases ChatGPT API For Businesses; Snapchat And Instacart Among The First To Use It

Edited By: Shaurya Sharma

Last Updated: March 02, 2023, 11:30 IST

 Big tech companies and apps like Snap inc, Instacart, Quizlet, Shop and Speak are among the first few businesses to leverage the API.

Big tech firms and apps like Snap inc, Instacart, Quizlet, Shop and Speak are among the many first few companies to leverage the API.

OpenAI ChatGPT API makes use of the identical highly effective GPT 3.5 mannequin utilized by OpenAI, however at a considerably decrease value— simply one-tenth of the unique worth.

ChatGPT has gained widespread recognition, however its real-world potential for most people relied on OpenAI making its API extra accessible to companies. Now, the Microsoft-supported firm has answered the decision and is now offering builders and enterprises with paid entry to combine ChatGPT’s API. This grants them the identical highly effective GPT 3.5 mannequin utilized by OpenAI, however at a considerably decrease value— simply one-tenth of the unique worth.

“ChatGPT and Whisper models are now available on our API, giving developers access to cutting-edge language (not just chat!) and speech-to-text capabilities. Through a series of system-wide optimizations, we’ve achieved 90% cost reduction for ChatGPT since December; we’re now passing through those savings to API users,” OpenAI mentioned in an announcement submit.

According to OpenAI, they’ve modified their API primarily based on suggestions from builders and revised their API phrases of service to extra successfully deal with their necessities. Big tech firms and apps like Snap inc, Instacart, Quizlet, Shop and Speak are among the many first few companies to leverage the API.

OpenAI claims that the lately  launched My AI for Snapchat+ is an experimental function operating on ChatGPT API. “My AI offers Snapchatters a friendly, customizable chatbot at their fingertips that offers recommendations, and can even write a haiku for friends in seconds,” mentioned OpenAI.

Instacart can also be enabling their app with ChatGPT and AI, in addition to information from 75,000+ associate shops, to allow clients to ask food-related questions and obtain inspirational, shoppable responses.

The product mannequin—’gpt-3.5-turbo’—is an identical to the core ChatGPT product mannequin. The pricing for this mannequin is considerably cheaper at $0.002 per 1k tokens, which is one-tenth of the price of their present GPT-3.5 fashions.

Additionally, OpenAI, individually on Wednesday, revealed their newest providing known as Whisper speech recognition system, designed for transcription functions.

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Source web site: www.news18.com

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