OpenAI is planning a major update to make its models cheaper and faster to use

OpenAI plans to provide developers with a major update next month that will make developing software applications based on its artificial intelligence models cheaper and faster, Reuters reported on Thursday, citing people familiar with the matter.

This move comes as the company, which rose to fame through its popular chatbot ChatGPT, is trying to attract more companies to use its technology.

According to Reuters, the updates include increasing storage capacity for development tools that use artificial intelligence models.

In theory, this could cut costs for app developers by 20 times, addressing a key concern for partners looking to build a sustainable business through software development, AI, and sales. This can be achieved using OpenAI models. fast.

The company also plans to introduce new tools such as vision capabilities, which will allow developers to create apps that can analyze and describe images, with potential applications in fields ranging from entertainment to medicine.

The company has remained relatively unknown outside the tech industry as a non-profit co-founded by Elon Musk and Sam Altman in 2015, with Musk stressing that Musk currently has no ownership interest in the company.

Sources told Reuters that the new features are expected to be unveiled at the first OpenAI developer conference, scheduled for November 6 in San Francisco, California.

The new feature aims to encourage companies to use OpenAI technology to create autonomous chatbots and AI-powered agents that can work without human intervention, said the sources, who requested anonymity to protect the confidentiality of the discussion. .

It is worth noting that OpenAI gained momentum last November with its launch (GBT Chat), attracting hundreds of millions of people to try this chatbot that answers questions and commands in a human way, making it one of the fastest growing chatbots made for consumers. . Only one app in the world.

OpenAI has high hopes for revenue growth after its tremendous success. Company executives expect sales to reach $200 million this year and $1 billion by 2024, according to a Reuters report in December.



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