Developers who want to use the AI-powered chatbot ChatGPT and the speech-to-text model Whisper will be able to do so through the API offered by maker OpenAI, said the company on its website on March 1.
“Through a series of system-wide optimizations, we’ve achieved 90% cost reduction for ChatGPT since December; we’re now passing through those savings to API users,” said OpenAI.
OpenAI said that while the open source Whisper large-v2 model will deliver “faster and cost-effective results,” through the API, the ChatGPT model will also constantly evolve.
“The ChatGPT model family we are releasing today, gpt-3.5-turbo, is the same model used in the ChatGPT product. It is priced at $0.002 per 1k tokens, which is 10x cheaper than our existing GPT-3.5 models,” said OpenAI.
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The AI company pointed at some businesses using its API already in order to serve customers, such as Snapchat creator Snap Inc., which is launching a chatbot called ‘My AI for Snapchat.’ Other users included Quizlet, Instacart, Shopify’s Shop, and Speak.