OpenAI recently unveiled a slew of updates to their models, including new embedding models and enhancements to their GPT-4 Turbo and GPT-3.5 Turbo. They’ve also made improvements to their free text moderation tool and developer API management tools.
The new embedding models, text-embedding-3-small and text-embedding-3-large, offer significant upgrades over previous iterations, with better performance and more cost-effective pricing. These models also support reducing output dimensions, allowing developers to utilize more efficient vector storage without sacrificing accuracy.
In addition to the embedding models, OpenAI introduced updates to their GPT-4 Turbo model, addressing bugs and enhancing performance, particularly in scenarios where the model previously exhibited “laziness.” Moreover, they rolled out access control features for API keys, providing admins with granular control over permissions and usage tracking.
While there’s no definitive timeline for GPT-4 Turbo to exit its preview phase, developers are encouraged to utilize it in production, as it’s already being widely adopted. However, some users have raised concerns about its performance, particularly in coding tasks.
Overall, these updates underscore OpenAI’s commitment to advancing AI technology and providing developers with powerful tools to drive innovation.
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