Thu, March 28

OpenAI Revealed ChatGPT API

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  • Through ChatGPT API, developers can integrate the technology into their apps.  
  • Snapchat, Shopify, and InstaCart are the early adopters.

OpenAI has reached an exciting new milestone today by launching its brand-new ChatGPT and Whisper Model APIs. OpenAI has officially introduced a ChatGPT API to enable third-party developers to integrate the technology into their applications. 

Since the start of January 2023, OpenAI has buzzed social media with significant media coverage and huge memes about the ChatGPT API. The interface provides “developed access to cutting-edge language and speech-to-text capabilities,”. 

ChatGPT API

OpenAI offers 1K tokens for $0.002, pointing out that the cost is 10 times cheaper than the existing GPT-3.5 models. It would be an enormous mistake to call ChatGPT the free text-generating AI created by a San Francisco-based startup. However, ChatGPT API utilizes the same concept as the ChatGPT product and stands by the name of, “gpt-3.5-turbo,”. 

OpenAI stated in its official announcement;

Through a series of system-wide optimizations, we’ve achieved 90% cost reduction for ChatGPT since December 2022.

Further, several early adopters include Snapchat, Shopify, InstaCart, and Speak. These companies announced on Wednesday alongside OpenAI, as per the official statement. Also, a rough estimate of over 100 million monthly active users was on ChatGPT as of December 2022. 

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A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.