The company OpenAI has put on the market APIs for both ChatGPT and their AI transcription/translation capability named Whisper. This will facilitate businesses in combining conversation platforms with ChatGPT or Whisper while being less expensive than its existing language model.
The company spokesperson says:
“Through a series of system-wide optimizations, we’ve achieved 90% cost reduction for ChatGPT since December; we’re now passing through those savings to API users,”
ChatGPT and Whisper were officially made available to third-party software providers in September when OpenAI launched the two products as an API offering. Now, both services can be integrated into various systems.
The company spokesperson went on to say:
“ChatGPT and Whisper models are now available on our API, giving developers access to cutting-edge language (not just chat!) and speech-to-text capabilities,”
Enhance Your Conversations with Speech-To-Text Technology Powered by Whisper
Whisper allows for transcription in numerous languages and includes translating those different languages into English.
OpenAI admitted that while the developer community has showered Whisper with much praise, running can be difficult.
The company spokesperson went on to say:
“Now made the large-v2 model available through our API, which gives convenient on-demand access priced at $0.006 / minute (of audio input),”
OpenAI’s API offers the large-v2 model of Whisper for great results that are both faster and more cost-effective. It is perfect for users who want accelerated financial results.
Whisper can handle multiple file formats, including M4A, MP3, MP4, MPEG, MPGA, WAV, and WEBM. It has been specifically trained with over 680 thousand hours of multiple languages and multitasking supervised data gathered from the web.
Unlock the Power of ChatGPT API Based on GPT 3.5 Turbo
Paraphrasing and restructuring the paragraph with the given keywords, the GPT 3.5 Turbo language model is used for ChatGPT APIs from the same “family” as the most recently released version of ChatGPT.
When using ChatGPT for their operations, businesses need to budget for an estimated $0.002 payment per 1000 tokens (roughly 750 words). To help simplify the calculation, OpenAI provides a specialized tool that will let companies couple their customer queries with the token costs.
OpenAI has declared that the cost of the GPT 3.5 models, formerly powering ChatGPT, is now estimated at 10 times lower than its previous pricing.
OpenAI promises model improvements that no other application can compete with and the option of dedicating capacity, bringing users deeper control over the models all-in-all. In addition to this, ChatGPT API users will take advantage of such offerings for their continued benefit.
ChatGPT: See Why Its Popularity Is Growing Rapidly
GPTChat saw an immediate surge in popularity, registering a monumental 100 million active users within two months of its launch in November. Despite this, unfortunately, the company could not handle the pace, causing difficulties such as downtimes.
Our engineering team is present in focus to make sure ChatGPT’s stability for production use is their utmost priority, as it hasn’t been achieved according to either our expectations or those of our users for the last two months.
If OpenAI could successfully impact speech-to-text technology, there is potential for immense financial benefits to Microsoft’s already-backed enterprise. Examples of companies that have developed proven reliable models in this tech sector are Google, Amazon, Apple, and Meta.
MarketsandMarkets has projected that the text-to-speech market will grow to 5.4 billion US dollars by 2026, a substantial jump from its 2021 measurement of 2.2 billion US dollars.
Open AI asserted the potential of Artificial Intelligence (AI) to provide everyone with extensive opportunities and economic benefits. This, they said, would produce immense power for all.
The launch of APIs for ChatGPT and Whisper by OpenAI is a milestone in the development of conversational AI and the integration of natural language processing (NLP). It allows businesses to utilize technologies to automate processes and maximize efficiency, creating smarter conversations more customized for customer interaction.
Furthermore, OpenAI’s growing network will offer users access to advanced tools and functionalities in working with machine learning. We can only wait and see the possibilities this advanced technology could bring, from numerous applications ranging from customer service to voice assistants and even robotics. Whatever lies ahead, OpenAI has paved the way with its groundbreaking initiative in AI integration.
Source: Computerworld
