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Home » OpenAI’s ChatGPT Surpasses 100 Million Weekly Users with Release of GPT-4 Turbo Model

OpenAI’s ChatGPT Surpasses 100 Million Weekly Users with Release of GPT-4 Turbo Model

Joan Aimuengheuwa by Joan Aimuengheuwa
November 7, 2023
in EnterpriseTECH
Reading Time: 2 mins read
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OpenAI's ChatGPT Surpasses 100 Million Weekly Users with Release of GPT-4 Turbo Model

OpenAI launches GPT-4 Turbo Model

At OpenAI’s first developer conference, CEO Sam Altman revealed that ChatGPT, the popular AI chatbot, has reached 100 million weekly active users, with the introduction of its latest innovation, GPT-4 Turbo, a more powerful and cost-effective version of the company’s flagship text-generating AI model, GPT-4.

ChatGPT, which was released just a year ago, quickly gained traction, accumulating an estimated 100 million monthly users within its first two months. Altman highlighted that over two million developers are now utilizing the platform, including 92% of Fortune 500 companies.

One of the key announcements at the event was the introduction of GPT-4 Turbo, the next-generation model built with a 128k context window, enabling it to comprehend the equivalent of more than 300 pages of text in a single prompt. This advanced version of the model is not only more capable but also cost-effective, with prices reduced to a third for input tokens and half for output tokens compared to GPT-4. GPT-4 Turbo, having knowledge up to April 2023, is available for preview to paying developers and is set to be released in the coming weeks.

Additionally, OpenAI unveiled the Assistants API, facilitating developers in building assistive AI applications with specific goals. The API includes features such as Code Interpreter, Retrieval, and function calling, streamlining the process of creating high-quality AI apps. OpenAI introduced enhancements in function calling accuracy, improved instruction following, and JSON mode for precise output generation.

GPT-4 Turbo’s capabilities were expanded to include vision support, enabling it to process images and perform tasks such as generating captions and analyzing real-world images. OpenAI has also integrated DALL·E 3, a technology allowing developers to generate images and designs programmatically. OpenAI also introduced a text-to-speech API, enabling the generation of high-quality speech from text, providing six preset voices to choose from.

To empower developers further, OpenAI announced an experimental access program for GPT-4 fine-tuning, aiming to offer a tailored experience for specific domains. Additionally, a Custom Models program was introduced, allowing select organizations to work closely with OpenAI researchers for highly customized solutions.

The event was graced by a surprise appearance from Microsoft’s CEO, Satya Nadella, emphasizing the partnership between the two tech giants. Nadella praised OpenAI’s zeal for safety and empowerment, to which Altman responded by stressing the importance of gradual and careful deployment in AI.

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