ChatGPT and Whisper models are now available on OpenAI’s API giving developers access to a cost-effective and faster result at a price of $0.002 per 1000 tokens and $0.006/minute, respectively.
Many top brands such as Snap Inc, Quizlet, Instacart, Speak and Shop already use ChatGPT and Whisper API to make their applications much more user oriented and leverage the chatbot to teach and answer open-ended questions.
For instance, Quizlet, a global learning platform, plans to introduce Q-Chat, a fully immersive and automated AI tutor that will ask relevant questions to the students based on the current curriculum.
OpenAI has released GPT3.5-turbo, which is the same model that is used in the ChatGPT products. The company also said that the developers who use the GPT-3.5-turbo model will always get the stable model while still having the flexibility to opt for a more specific-oriented model version.
OpenAI also offers dedicated instances for users who want to have deeper control over the specific model version and system performance. The developers must pay by a time period to allocate computing infrastructure reserved for serving their requests.
At $0.002 per 1000 tokens, it is 10 times cheaper than the existing GPT-3.5 models; it is useful for many non-chat use cases.
Whisper is a speech-to-text model that was open-sourced on September 2022. Now, a large-v2 model is available through the API at a price of $0.006/minute.
Moreover, OpenAI has made several changes in line with API customers’ demands. Now, organizations will have more control over their data submitted through the API. OpenAI is also implementing a default 30-day data retention policy for API users, with stricter options available for developers. The company has also simplified the terms of service and usage policies, including terms around data ownership.
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