Read previewOpenAI is set to introduce a new GPT 3.5 Turbo model — the same model used to power ChatGPT — and will lower prices on the product for the third time in the past year.
GPT models teach themselves to understand the relationship between the tokens and can produce the subsequent token in a sequence, according to OpenAI.
GPT-3.5 Turbo has become the industry standard among other AI models seeking to compete with OpenAI's accuracy and brand recognition.
AdvertisementOpenAI is also introducing an updated version of the GPT-4 Turbo preview model, the company said this week.
The update comes about three weeks after OpenAI reopened sign-ups for its subscription model, ChatGPT Plus, which is powered by GPT-4.
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