OpenAI announces ChatGPT API, Snapchat, Instacart and others already using it
Microsoft is a big supporter of OpenAI’s ChatGPT product and has already embedded it into Bing and Edge as well as Skype. The latest update for Windows 11 also brings ChatGPT to the search box in the operating system’s taskbar. This is just the beginning - OpenAI has just announced that ChatGPT and Whisper are available to developers via its API.
After some extensive optimizations, the cost of using ChatGPT is 90% lower than in December. This means that the gtp-3.5-turbo model (which powers ChatGPT, which you may have used) now costs $0.002 per 1,000 tokens. In other words, one dollar gets you 500K tokens (ChatGPT doesn't work with individual characters, tokens are more similar to vowels).
This new price makes it significantly cheaper for companies to build their own chatbots. But ChatGPT works with text, so what if a company wants its bot to answer voice commands? That's where Whisper comes in — a model that can transcribe speech into text for $0.006 per minute (or $1 for 2 hours and 45 minutes).
Whisper not only understands 99 languages, it also provides an English translation of what is being said. This will most likely disrupt Siri and Google Assistant, which can only handle a few languages.
Companies can use OpenAI’s API to build new chatbots, and some are already doing so, and Microsoft isn’t alone. Here are some examples.
Snapchat launched My AI for Snapchat this week. The bot can provide suggestions, such as dinner recipes or plan a hiking trip for you. You can even ask it to write haiku for you.
#Instacart has also launched a ChatGPT-based bot that helps customers by suggesting recipes and automatically creating the shopping lists they need.
Similarly, Shopify’s Shop app helps users browse products and brands and pick items like they have a personal shopping assistant.
#ChatGPT is also being adopted in learning applications. Quizlet launches Q-Chat, a “fully adaptive AI tutor.” More flexible than the fixed quizzes found in textbooks, which must cater to all students, this one will suit your needs.
Speak, South Korea’s fastest growing English app, showcases Whisper as it helps locals learn to speak the language. Speak is also expanding into new markets.
You can find more information about ChatGPT API pricing here. Dedicated instances are also available for companies that want a more reliable experience (otherwise the model would run on shared instances, whose performance will vary based on server load).
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