OpenAI Unveils GPT-4 Turbo With 300 Page Inputs At First Developer Conference Post ChatGPT Release

Summary

At its inaugural developer conference, OpenAI announced GPT-4 Turbo, an upgraded version of GPT-4 that can take 300 page long text inputs, 4x more than the previous model. It also lowered pricing for APIs by 2-3x to spur more app development. OpenAI plans to launch a GPT app store for developers to monetize AI apps.

Timestamped Highlights

🀯 Over 92% Fortune 500 firms use API-based services relying on 2M+ developers, highlighting immense appetite for AI apps.
πŸš€ GPT-4 Turbo takes 128,000 token context window input, 4x more than Claude-2 by Anthropic with 100k tokens. Equivalent to 300 pages of text inputs.
πŸ’° With 3x cheaper input and 2x cheaper output costs, GPT-4 Turbo pricing lowered significantly over GPT-4 to spur more usage.
βš™οΈ GPT-4 Turbo offered in text-only and text+image versions for flexible usage. Jason-mode responses enabled for easier API integration.
πŸ“± OpenAI announced GPT Store launch by November end, an app store for community shared GPT apps to enable monetization.
🀝 Showcased a startup mentor feature using GPT-4 Turbo for targeted domain knowledge to aid early stage founders.

Key Insights

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OpenAI asserts lead in AI assistant race with more input capacity and lower pricing for GPT-4 Turbo over Claude-2
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Assistant API unveiled with GPT integrations for analytics, coding aid etc to make app development exponentially easier
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GPT Store launch positions OpenAI as a scalable platform for community app development and monetization
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Copyright issues persist but initiatives taken to protect developers and offset lawsuit costs
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Immediate goal is boosting API usage but long term focus on enabling an ecosystem of assistive GPT apps
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