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The company also indicated that it’s reducing the cost of its GPT-3.5 Turbo model.
If you useChatGPT, you’ve probably interacted withthe GPT-3.5 Turbo model.
And now, for the third time in one year, OpenAI is adjusting the pricing for this model.
Output prices have also been cut by 25%, translating to $0.0015 /1K tokens.
Alongside the price reduction,OpenAIpromises that the model will provide users with better and more accurate responses.
The company indicated that users will automatically be upgraded to the updated GPT-3.5 model two weeks after it ships.
Moreover, it also ships with a fix for a bug affecting non-English UTF-8 generations.
OpenAI also introduces two new embedding models that promise stronger and better performance than their predecessors.
