OpenAI Could Reduce Developers’ Cost, Annoucne New Features At Its Developer Conference

Sam Altman’s OpenAI will hold its first-ever developer conference on Monday, November 6, 2023. At the event, the company is expected to unveil certain improvements to its AI models, making them cheaper and more functional. The conference indicates that the company wants to expand its horizon beyond being a consumer-centric product to a developer’s platform. Here’s everything that the company could announce at its upcoming developer conference.

Reduces Costs Could Encourage More Developers To Create Apps And Services Around OpenAI’s Technology

During the developer conference, OpenAI could announce several updates. First, the company could announce a cost-related update, reducing prices for its developers. Costs have been a significant concern for partners whose expenditure on OpenAI’s powerful language models could increase as they try to build a sustainable business around it.

Apart from this, the company could also announce vision capabilities for its chatbot, developing a technology that could analyze images and describe them. This could find use cases in the fields of entertainment, architecture, and even medicine. Developers should also expect the company to add an ability to fine-tune GPT-4 based on their requirements.

Moreover, these updates are designed to encourage developers and businesses to create new services or integrate the company’s language model to automate tasks. The one-day event will take place in San Francisco. The conference is said to attract hundreds of developers from around the world who can integrate the company’s large language model into their products or services.

ChatGPT Plus Can Now Read And Analyze PDFs

Most recently, OpenAI added the ability to read and analyze data from PDFs and create images using DALL-E without switching chat modes, to ChatGPT Plus. Although these features came out earlier for enterprises, they are now available for GPT-4 users, who have to pay $20 a month. Going forward, the Microsoft-backed company could also reduce prices for this particular model, but it might not happen anytime soon.

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