OpenAI announced its new, more powerful GPT-4 Turbo artificial intelligence model Monday during its first in-person event, and revealed a new option that will let users create custom versions of its viral ChatGPT chatbot. It's also cutting prices on the fees that companies and developers pay to run its software.
It also accepts a lot more input. While earlier versions limited you to about 3,000 words, the GPT-4 Turbo accepts inputs of up to 300 pages in length. It means you could ask it to summarize entire books. OpenAI said it's also cutting the prices for developers. "GPT-4 Turbo input tokens are 3x cheaper than GPT-4 at $0.01 and output tokens are 2x cheaper at $0.03," the company said, which means companies and developers should save more when running lots of information through the AI models.Until now, ChatGPT's enterprise and business offerings were the only way people could upload their own data to train and customize the chatbot for particular industries and use cases.
Creating one is as easy as starting a conversation, giving it instructions and extra knowledge, and picking what it can do, like searching the web, making images or analyzing data."
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