OpenAI unveils new AI model enhancements and price reductions

OpenAI has unveiled a series of major updates and price reductions for its AI models, signaling a step forward in the accessibility and efficiency of AI technology. The updates include new embedding models, enhancements to the GPT-4 Turbo and GPT-3.5 Turbo models, and the introduction of a new 4T model set to launch in the coming months. OpenAI is introducing two new embedding models: text-embedding-3-small and text-embedding-3-large. Embeddings are sequences of numbers representing concepts within content, such as natural language or code, and are crucial for machine learning models to understand relationships between content. The tex......

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