The New Era of ChatGPT: The Powerful ‘GPT-4 Turbo’ Revealed

On November 6th, at OpenAI’s inaugural DevDay in San Francisco and online, CEO Sam Altman unveiled the new AI model ‘GPT-4 Turbo’. Garnering attention for its enhanced capabilities at a lower price, GPT-4 Turbo enables developers and individual users to create their own ‘ChatGPT’ without complex coding, offering a new revenue stream through sales to other users.

Enhanced GPT-4 Turbo Performance

  • Support for 128,000 context lengths: Unlike the original GPT-4 model, which supported up to 8,000 and in some cases 32,000 context lengths, GPT-4 Turbo extends this up to 16 times, processing the equivalent of about 300 pages of text at once.
  • Affordable cost: GPT-4 Turbo is priced at $0.01 per input token and $0.03 per output token, 3 times and 2 times cheaper than GPT-4 respectively.
  • JSON mode support: GPT-4 Turbo supports JSON mode, allowing for valid JSON outputs, beneficial for web application development and enabling users to generate reproducible outputs.
  • Up-to-date training data: GPT-4 Turbo is trained with data up until April 2023, ensuring inclusion of the latest information compared to the previous GPT-4 model trained until September 2021.
  • Multimodal capability support: Provides image creation with the DALL·E 3 API and text-to-speech (TTS) functionalities through its API.

New Features of GPT-4 Turbo

  • GPTs: Allows users to create customized GPT models for specific purposes, known as ‘GPTs’.
    👉How to Create Gpts
  • GPT Builder: A tool that enables the creation and deployment of GPTs in a conversational format without programming knowledge.
  • GPT Store: A platform to distribute and sell custom GPT apps (GPTs), enabling revenue generation through the sale of these GPTs.
  • Assistant API: Offers new functionalities to support AI app construction, making API development easier through function calling features.

GPT-4 Turbo provides customizable AI solutions accessible to both developers and general users, contributing to the popularization of AI technology. This lowers the barrier to creating personalized ChatGPTs and heightens anticipation for the innovative impact of AI on our daily lives and industries.

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