Zinger Key Points
- OpenAI announced several new updates and features to ChatGPT during the Dev Day event.
- From faster and smarter GPT-4 to copyright protection and selling GPT bots, here’s everything you should know.
Sam Altman-led OpenAI made a slew of announcements at the OpenAI Dev Day event. From turbocharging GPT-4 to launching tools to let users earn money from creating and selling custom GPT bots, here's the downlow on everything that OpenAI announced.
What Happened: Microsoft Corp.-backed MSFT OpenAI unveiled a series of new updates and features to ChatGPT at its Dev Day event. Microsoft CEO Satya Nadella was also present at the launch.
Most of these new announcements have a direct impact on users, ranging from a supercharged GPT-4 experience to the ability to actually earn by selling custom GPT bots and apps.
See Also: 12 Crazy Things Built In 12 Hours Since The OpenAI Dev Day Announcements
OpenAI Dev Day: Top Announcements
GPT-4 Turbo: Faster And Smarter
One of the biggest drawbacks of ChatGPT has been its information cutoff till Sept. 2021. Now, GPT-4 Turbo has been trained on data updated till April 2023 – while this is still over six months old already, it is better than being restricted to 2021.
Apart from this, the GPT-4 Turbo is also much faster now. It can also fit the equivalent of 300 pages of text in a single prompt.
For developers, GPT-4 Turbo is also much cheaper for developers now, costing $0.01 per 1,000 tokens, down from the previous price of $0.03.
Create Your Version Of ChatGPT
Tired of the generic ChatGPT experience? You can now create your personalized version instead.
OpenAI will let ChatGPT Plus and Enterprise subscribers create custom GPTs. This goes beyond the custom instructions feature that was launched in July this year.
"Many power users maintain a list of carefully crafted prompts and instruction sets, manually copying them into ChatGPT. GPTs now do all of that for you," OpenAI said.
Copyright Shield
OpenAI is bringing an important feature that many of its peers are offering, too – copyright shield. Put simply, this will defend customers from legal action around copyright infringement.
Other vendors like Alphabet Inc.'s GOOG GOOGL Google, Amazon.com Inc. AMZN, and others have similar defensive options available.
Create And Sell Custom GPT Bots
Lastly, ChatGPT Plus subscribers will be able to create and sell custom GPT bots to other users. OpenAI will allow these bots to be sold via the GPT Store.
What's even better is that creators will be able to earn from their sales – OpenAI plans to pay creators out of the revenue from ChatGPT Plus subscribers.
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