OpenAI to make models cheaper, more powerful in its first developer conference

ChatGPT maker OpenAI is expected to announce product enhancements that will make its AI models cheaper, with more functionality, in its first-ever developer conference on Monday.

After toiling in relative obscurity for years, OpenAI kicked off the generative AI craze last November by releasing ChatGPT, the darling chatbot of Silicon Valley that became one of the world's fastest growing consumer applications. Generative AI can, using past data, create brand new content like fully formed text, images and software code.

The vision capabilities, which will enable OpenAI's software to analyze images and describe them, will enable developers to build applications with new uses in fields from entertainment to medicine.

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