Published on November 6, 2023, 6:30 pm
OpenAI, the company behind the popular ChatGPT model, recently unveiled several upgrades to its services aimed at customizing models for specific tasks. With over 2 million developers using its API and 100 million users accessing ChatGPT weekly, OpenAI is gaining significant traction in the market. In fact, 92% of Fortune 500 companies already utilize OpenAI’s products.
During OpenAI’s first developer conference in San Francisco, CEO Sam Altman announced a variety of updates that CIOs should pay attention to. One noteworthy announcement is the launch of GPT-4 Turbo, a more cost-effective version of the GPT-4 model with a context window equivalent to 300 pages of text per prompt. Altman also emphasized that OpenAI is encouraging enterprises to create their own custom models alongside OpenAI developers through a new program. For selected organizations, a dedicated group of researchers will modify each step of the model training process to tailor it to specific business needs.
To make customization easier and more accessible, companies can now create tailored versions of ChatGPT called GPTs within the tool’s app without any coding knowledge. These GPTs can be published for public use or shared exclusively among internal teams. In addition, OpenAI plans to launch a GPT store later this month featuring verified builders’ creations.
Privacy and copyright concerns were also addressed by Altman during the conference. OpenAI committed to defending customers facing legal claims related to copyright infringement and introduced built-in copyright safeguards for systems. This pledge reflects similar initiatives made by other tech giants like Microsoft and Google.
Moreover, OpenAI rolled out the Assistants API in beta form. This API allows companies to personalize AI tools by giving Assistants access to Code Interpreter, enabling them to write and run Python code within a sandboxed environment. Altman highlighted that both GPTs and Assistants will continue to evolve and become capable of planning and performing more complex actions on behalf of users.
OpenAI is taking a gradual iterative approach to their deployment, encouraging developers and users to start building and utilizing these agents now as they become more capable. This approach allows people to get a better understanding of the future as AI technology advances.
In addition to these updates, OpenAI’s in-house machine learning-powered platform, Sidekick, is already live at 600 stores. The platform supports digital transformation by reimagining how work is done beyond just implementing new technologies.
As the field of AI continues to evolve rapidly, staying informed about the latest developments is crucial for CIOs. OpenAI’s commitment to customization, privacy, and innovation positions it as a key player in the industry, offering valuable solutions for enterprises worldwide. To keep up with the latest news and trends in AI and technology, be sure to subscribe to CIO Dive’s free daily newsletter delivered straight to your inbox.