Tuesday, July 23, 2024
HomeArtificial Intelligence (AI)OpenAI Unveils GPT-4, Retires Older Models: A Game-Changer in AI Technology

OpenAI Unveils GPT-4, Retires Older Models: A Game-Changer in AI Technology

OpenAI has announced the general availability of GPT-4, its latest language model. GPT-4 has been powering various applications since its release in March, including those focused on visual accessibility, wealth management, language preservation, and language learning. The model is now accessible to paying API customers.

Existing API developers with a payment history can access GPT-4 with an 8K context. This means that the model can generate output based on approximately 13 pages of text. OpenAI plans to increase rate limits and open access to GPT-4 for new developers by the end of July, depending on compute availability. The company also intends to make GPT-3.5 Turbo, DALL-E, and Whisper APIs generally available to developers.

In terms of depreciation, OpenAI has announced that GPT-3 and its variations using the Completions API will retire by January 4, 2024. While the API will still be accessible, it will receive a legacy label and be replaced by a new model. Applications using stable names for base GPT-3 models will automatically be replaced by their successors.

Additionally, developers using older embedding models will need to migrate to the new embedding model released by OpenAI in December 2022 by January 4, 2024. OpenAI claims that the new model is more capable and cost-effective than its predecessors. The company acknowledges that the switch may be costly and inconvenient for some developers and has committed to covering any associated costs.

OpenAI’s GPT-4 represents a significant advancement in language models and offers exciting possibilities for various industries.

Barry Caldwell
Barry Caldwell
Barry Caldwell is the dedicated owner and primary contributor to AI Tools Stack, a renowned platform in the tech industry. Fuelled by an insatiable passion for artificial intelligence, he has positioned himself at the frontier of the AI revolution. Barry's unique interests lie particularly with ChatGPT, AI Tools and its transformative potential. He dedicates his time to meticulous exploration, testing, and reviewing of the most innovative AI tools available. This enables him to offer expert insights and advice to those navigating the rapidly evolving AI landscape. His primary goal is to demystify AI and help others unlock its incredible potential. Whether you're an AI enthusiast or a professional seeking the best tools in the market, Barry Caldwell is your go-to source for informed, reliable, and timely content.
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