OpenAI Updates GPT-4 Turbo, Reduces Prices for GPT-3.5 Turbo

The AI company addresses 'laziness' issues, introduces new embedding models, and plans to launch GPT-4 Turbo with vision capabilities.

OpenAI has announced updates to its GPT-4 Turbo and GPT-3.5 Turbo models, addressing issues of 'laziness' where the models failed to complete tasks.
The updates include performance improvements, bug fixes, and enhancements to the models' ability to generate code and respond in requested formats.
OpenAI has also introduced new embedding models, text-embedding-3-small and text-embedding-3-large, which convert content into numerical sequences for machine learning tasks.
The company has reduced the prices for its GPT-3.5 Turbo model by 50% for input and 25% for output, making it more affordable for users.
OpenAI plans to launch GPT-4 Turbo with vision capabilities in the coming months, which will allow users to perform more multimodal prompts like text-to-image generation.