OpenAI has recently announced the release of its latest ChatGPT 3.5 Turbo and Whisper API models, and we’re excited to tell you all about it. These new APIs offer developers and businesses advanced language and speech-to-text capabilities at a fraction of the cost. In this article, we’ll dive into the details of both models, their pricing, and their potential applications.
Hey there, tech enthusiasts! Big news from OpenAI! You might have heard of ChatGPT, the super popular chatbot that has amassed over 100 million users in less than 2 months. Well, the good news is that OpenAI is releasing its AI model to the public, and guess what? The prices are 10 times cheaper than before!
Let us break it down for you. ChatGPT is built on OpenAI’s GPT 3.5 model, which is a newer version of OpenAI’s GPT 3 learning model. The APIs that OpenAI is releasing for public use are based on the company’s GPT 3.5 Turbo model, which is the same as the current ChatGPT model.
OpenAI has managed to achieve a 90% cost reduction for ChatGPT since December through a series of optimizations, and they are passing on those savings to developers and API users.
But that’s not all! OpenAI has also announced its latest Whisper AI model, which brings better speech-to-text capabilities to its newest API. The upgraded Whisper API, which is now available through OpenAI’s APIs, can transcribe a variety of formats like m4a, mp3, mp4, mpeg, mpga, wav, and webm.
You may check out Open AI’s blog on new releases of them using the link here.
What is ChatGPT 3.5 Turbo?
ChatGPT 3.5 Turbo is the latest AI model released by OpenAI, the company behind the popular chatbot service, ChatGPT. This model is an upgraded version of OpenAI’s GPT 3 learning model, which has been optimized for performance and cost reduction. The APIs released for the public are based on the GPT 3.5 Turbo model, which is currently being used by ChatGPT.
To give you some background, ChatGPT is an AI-powered chatbot that can simulate human-like conversations. It has gained a lot of popularity since its launch, with over 100 million users in just under two months. And now, OpenAI has made the GPT 3.5 Turbo model available to the public, with prices that are ten times cheaper than its predecessor.
What is Whisper API model?
In addition to releasing the GPT 3.5 Turbo model, OpenAI also announced its latest Whisper AI model. Whisper API is a speech-to-text model that has been upgraded to a larger version 2 model, which is now available through OpenAI’s APIs. This upgrade brings better speech-to-text capabilities to the newest API.
The Whisper API can be used for a variety of applications, from transcribing interviews to creating subtitles for videos. It accepts a variety of formats, including m4a, mp3, mp4, mpeg, mpga, wav, and webm.
Whisper API and ChatGPT 3.5 Turbo pricing
Now, let’s talk about the pricing for these new APIs. The ChatGPT 3.5 Turbo model is now priced at $0.002 per 1k tokens, which is a significant cost reduction from OpenAI’s existing GPT-3.5 models. This makes the ChatGPT 3.5 Turbo model more accessible and affordable for developers and businesses. It is 10 times cheaper than OpenAI’s existing GPT-3.5 models.
As for the Whisper API, it’s available for just $0.006 per minute.
Whisper API and ChatGPT 3.5 Turbo release date
Both the ChatGPT 3.5 Turbo and Whisper API are available right now. That’s right, you can start using them today and take advantage of the cost savings and advanced capabilities they offer.
OpenAI has already made the ChatGPT API available to early clients like Snapchat, who are using it to power their chatbot. So, if you’re a developer or business looking for advanced language and speech-to-text capabilities, you can start using these APIs to take advantage of the cost savings and advanced capabilities they offer.
Applications
So, what are the potential applications for these new APIs? The ChatGPT 3.5 Turbo model can be used for a wide range of applications, from language translation to content generation. And with the cost reduction, it’s now more affordable than ever.
The Whisper API is the perfect tool for anyone who needs accurate speech-to-text capabilities. Whether you’re transcribing interviews, creating subtitles for your favorite shows, or even developing a voice-activated assistant, Whisper has got you covered. And with its ability to accept a variety of formats, you can use it with almost any type of audio file.
Benefits
So, what are the benefits of these new APIs? For starters, the GPT 3.5 Turbo model is the best model for non-chat use cases, according to OpenAI. This means that developers can use it for a wide range of applications, from language translation to content generation. And with the cost reduction, it’s now more affordable than ever.
As for the Whisper, it’s the perfect tool for anyone who needs accurate speech-to-text capabilities. Whether you’re transcribing interviews, creating subtitles for your favorite shows, or even developing a voice-activated assistant, Whisper has got you covered. And with its ability to accept a variety of formats, you can use it with almost any type of audio file.
Conclusion
OpenAI’s release of ChatGPT 3.5 Turbo and Whisper AI is a significant milestone in the development of AI technology. The GPT 3.5 Turbo model is an excellent upgrade to the existing GPT 3 learning model, with better performance and cost reduction. The Whisper AI model, on the other hand, brings better speech-to-text capabilities to OpenAI’s newest API.
Both of these AI models have the potential to revolutionize the way we interact with technology and create new opportunities for developers and businesses. We are excited to see how these AI models will be used to build new and innovative applications that can benefit everyone.
