OpenAI, a leader in artificial intelligence, recently made significant announcements during its in-person event. The company introduced the more powerful GPT-4 Turbo AI model and allowed users to create custom chatbots. These developments demonstrate OpenAI’s commitment to staying ahead in the rapidly evolving AI landscape, competing with companies like Anthropic, Google, and Meta.

GPT-4 Turbo is OpenAI’s latest AI model, providing answers with context up to April 2023, a significant improvement from previous versions, which were limited to knowledge up to January 2022. This expanded knowledge base enhances the AI’s utility and enables it to provide up-to-date information, such as the winner of the Super Bowl in February 2022.

One of the standout features of the GPT-4 Turbo is its ability to accept more extensive input. Previous versions had a limit of approximately 3,000 words, while GPT-4 Turbo can handle inputs of up to 300 pages, allowing users to request summarizations of entire books.

GPT-4 Turbo also integrates DALL-E 3 for AI-generated images and offers text-to-speech capabilities. Users can choose from six preset voices for a personalized experience.

The new AI model is available in preview for developers, with a broader release planned in the coming weeks. OpenAI has also reduced pricing for developers, making GPT-4 Turbo more cost-effective. Input tokens are 3x cheaper at $0.01, and output tokens are 2x more affordable at $0.03.

OpenAI is expanding its offerings by allowing users to create custom chatbots. While enterprise and business offerings were previously the primary methods for customizing ChatGPT, the new option opens up customization to a broader audience. Users can now quickly build their own chatbots without the need for coding. These chatbots can serve various purposes, from personal use to internal company applications or broader public service.

Over two million developers already using ChatGPT’s API can also customize chatbots, introducing personalized AI chatbots to numerous applications and websites, further enriching user experiences.

This new capability introduces the concept of the “GPT Store,” where users can share their custom chatbots for public download. OpenAI plans to allow creators to earn money based on the usage of their chatbots, potentially creating a revenue stream within the GPT ecosystem.

OpenAI has streamlined its AI tools into a unified platform, eliminating the need to switch between different applications and websites. Users can now access various AI capabilities within ChatGPT, including image generation using DALL-E, browsing, data analysis, document upload, and PDF search. This consolidation simplifies the user experience and makes AI tools more accessible and user-friendly.

OpenAI acknowledges the growing legal concerns related to generative AI. In response, the company announced its commitment to “step in and defend our customers” and cover the costs incurred in legal claims related to copyright infringement. This move aligns with similar initiatives by major tech companies like Google, Microsoft, and Adobe to address copyright issues in the AI space.

OpenAI’s recent announcements highlight the company’s dedication to innovation, user empowerment, and addressing legal challenges, ensuring it remains a significant player in the AI industry.