It would be a huge understatement to describe ChatGPT, the free text-generator AI developed by the startup OpenAI in San Francisco, as a success.
It was estimated that ChatGPT had more than 100 million monthly active users as of December 2022. It has generated numerous social media memes and received significant media attention. It has been used to write hundreds of Kindle books that can be purchased from Amazon. Additionally, it is acknowledged as having co-authored at least one scientific paper.
With the introduction of the premium service ChatGPT Plus in February 2023, it made a first step in this direction. Additionally, it made a more significant move today by announcing an API that will enable any company to incorporate ChatGPT technology into their apps, websites, products, and services.
OpenAI’s president and chairman, Greg Brockman, said that it takes some time to attain a certain quality level for these APIs. According to Greg Brockman, it’s kind of like just being able to meet the demand and the scale.
According to Greg Brockman, the ChatGPT API is powered by the gpt-3.5-turbo AI model that powers OpenAI’s immensely popular ChatGPT. The turbo name refers to an optimized, more responsive version of GPT-3.5 that OpenAI has been secretly testing for ChatGPT. GPT-3.5 is the most powerful text-generating model OpenAI offers today through its API suite.
Greg Brockman asserts further by saying that, the API can drive a variety of experiences, including non-chat applications, and is priced at $0.002 per 1,000 tokens, or approximately 750 words. Early adopters include Shopify, Quizlet, Instacart, and Snap.