ADVERTISEMENT
TechEconomy
Friday, May 9, 2025
No Result
View All Result
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » OpenAI Unveils New API for ChatGPT, Dedicated Capacity for Businesses

OpenAI Unveils New API for ChatGPT, Dedicated Capacity for Businesses

Joan Aimuengheuwa by Joan Aimuengheuwa
March 2, 2023
in News
1
OpenAI Unveils New API for ChatGPT, Dedicated Capacity for Businesses
ChatGPT - OpenAI

ChatGPT - OpenAI

RelatedPosts

Gov Mbah Commissions NITDA South East Regional Office in Enugu

Gov Mbah Commissions NITDA South East Regional Office in Enugu

May 8, 2025

SPPG Students Help Youths Develop Digital Skills, Financial Literacy

May 8, 2025

OpenAI has introduced an API that would enable businesses to incorporate ChatGPT tech into their apps, websites, products and services.

This advanced text-generating model is available for a rate of $0.002 per 1,000 tokens or 750 words, and is already being utilized by early adopters such as Snap, Quizlet, Instacart, and Shopify. The API can drive a range of experiences, including “non-chat” applications

The ChatGPT API is powered by the same AI model behind OpenAI’s wildly popular ChatGPT, dubbed “gpt-3.5-turbo.” GPT-3.5 is the most powerful text-generating model OpenAI offers today through its API suite; the “turbo” refers to an optimized, more responsive version of GPT-3.5 that OpenAI’s been quietly testing for ChatGPT.

Key applications of the API include My AI, Snap’s chatbot for Snapchat+ subscribers, Quizlet’s Q-Chat virtual tutor feature, Shopify’s personalized assistant for shopping recommendations, and Instacart’s upcoming Ask Instacart tool.

Shopify used the ChatGPT API to build a personalized assistant for shopping recommendations, while Instacart leveraged it to create Ask Instacart, an upcoming toll that’ll allow Instacart customers to ask about food and get “shoppable” answers informed by product data from the company’s retail partners.

United BANK

Large businesses with larger budgets can now gain greater control of system performance with the introduction of dedicated capacity plans. 

OpenAI API’s dedicated capacity offers customers the possibility to extend context limits. Context limits refer to the text the model is made to consider before producing more text; extended context limits enable the model to “recall” more text. While higher context limits may not solve all bias and toxicity issues, it could lead models like gpt-3.5-turbo to reduce fabrication of facts without disclosing them. 

Customers of dedicated capacity can anticipate gpt-3.5-turbo models with a context window 16k long, meaning it can take into account four times more tokens than the regular ChatGPT model. This could enable someone to paste in multiple pages of tax code and obtain sensible answers from the model, for example. The feature is still being worked on.

 

Loading

United BANK

Author

  • Joan Aimuengheuwa
    Joan Aimuengheuwa

    Joan thrives at helping individuals and businesses scale via storytelling...

    View all posts
0Shares

Tags: ChatGPTChatGPT AIOpenAI
Previous Post

NIN: Diaspora Enrollment Exercise Increases by 563% says NIMC

Next Post

MultiChoice, Comcast’s NBCUniversal, Sky Set to Bolster Streaming Service Offering in Africa

Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Related Posts

Gov Mbah Commissions NITDA South East Regional Office in Enugu
News

Gov Mbah Commissions NITDA South East Regional Office in Enugu

by Peter Oluka
May 8, 2025
0

Governor of Enugu State, Dr Peter Mbah has inaugurated the South East zonal office of the National Information Technology Development...

Read more
SPPG Class of 2025

SPPG Students Help Youths Develop Digital Skills, Financial Literacy

May 8, 2025
Enugu Tech Festival

Enugu Tech Festival: Mbah, Tijani Seek More Southeast Participation in Digital Economy

May 8, 2025
UK Government climate change programme in Nigeria | Propcom+

UK-Aid funded Propcom+ Backs Nigeria’s Agricultural Reforms

May 7, 2025
AfCFTA and NITDA

NITDA DG Tips Technology to Leapfrog AfCFTA

May 6, 2025
TD and Huawei eKit installer workship

TD Africa, Huawei Empower Installers to Drive eKit Deployment Across Africa

May 6, 2025
Next Post
MultiChoice, Comcast’s NBCUniversal, Sky Set to Bolster Streaming Service Offering in Africa

MultiChoice, Comcast’s NBCUniversal, Sky Set to Bolster Streaming Service Offering in Africa

Comments 1

  1. Pingback: OpenAI Unveils New API for ChatGPT, Dedicated Capacity for Businesses - GPT AI News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
uba

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.