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  • 🤖 ChatGPT API is here, and it's much cheaper (and better) 💬

🤖 ChatGPT API is here, and it's much cheaper (and better) 💬

PLUS: OpenAI is putting privacy first 🔒

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Greetings, fellow humans. 👋

This is Not A Bot - the newsletter about AI that was definitely not written by AI. I’m Haroon, founder of AI For Anyone, and I share the latest news, tools, and resources from the AI space.

Me: “What a year, huh??”

You: “It’s only the first week of March”…

Let’s dive into it…

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🧵 In today's edition:

  • 💬 OpenAI releases the cheaper and better ChatGPT API

  • 🔒 OpenAI will no longer use customer data to train its models by default

  • 🤑 AI Fundraising News

🤖 Top AI News

💬 OpenAI releases the cheaper and better ChatGPT API

That loud noise you heard yesterday was developers around the world rejoicing.

Yesterday, OpenAI released an API for their ChatGPT and Whisper speech-to-text technologies.

The ChatGPT API can be used for more than chat interfaces, and the company is offering 1000 tokens for $0.002, making it 10x cheaper than the existing GPT-3.5 model!

Whisper is also available for use through an API for $0.006 per minute. Technically, Whisper is free, so you can run it on your own, but you’d likely save a lot of time by using OpenAI’s infrastructure.

Indeed, this will open the floodgates for developers to use OpenAI's technology. How many more chatbots are we going to see in March?

Read more: TechCrunch

🔒 OpenAI will no longer use customer data to train its models by default

OpenAI has changed its API developer policy to address user criticism and will no longer use customer data to train its models unless customers opted-in.

The company has implemented a 30-day data retention policy, clarified data ownership, and removed the pre-launch review process for developers. (Tweet from Sam Altman, CEO of OpenAI)

This is to make the platform more appealing and scale up, as OpenAI is under increasing pressure to turn a profit.

Read more: TechCrunch

🤑 AI Fundraising News

Sesamm Raises $37 million - uses natural language processing (NLP) to generate ESG insights from digital content.

Qwak Raises $12 million - an All-in-One MLOps Platform to Build and Deploy Models,

Quantifind Raises $23M in Funding - AI-powered financial crimes risk management solutions.

🗞️ Byte size: AI article summaries

Disclaimer: AI is (partially) used to summarize these articles.

How OpenAI CTO Mira Murati Became One of Tech’s Most Influential Innovators [Fast Company] - Great profile about Mira Murati, CTO of OpenAI, written by a NAB reader, Ainsley Harris! Murati has overseen efforts to commercialize OpenAI's products and improve them through human feedback and building relationships with many enterprise customers. (Read more)

Open AI's Tech Chief Wants People to Chill Out About the Next Version of ChatGPT: 'Less Hype Would Be Good.' [Business Insider] - OpenAI CTO Mira Murati has called for less hype around the upcoming release of GPT-4, the next iteration of conversational AI. (Read more)

What You Need to Know About Instacart's ChatGPT-powered ‘Ask Instacart’ Feature [The Drum] - Instacart is releasing a new AI-powered search feature, "Ask Instacart," which will help shoppers create and refine shopping lists. The tool is powered by OpenAI's ChatGPT and is being positioned as a shopping assistant to save customers time and energy. Other companies such as Coke, Patrón, and Spectrum Reach have also incorporated ChatGPT into their business models. (Read more)

How WIRED Will Use Generative AI Tools [WIRED] - WIRED will not use generative AI tools to write stories or edit existing ones, except when the fact that AI was used is the story's focus, in which case it will be disclosed. (Read more)

🔥 Trending tools & resources (powered by Igniter.ai)

  • Interview Questions - Provides sample interview questions and answers to help you prepare for your next job interview. (link)

  • Warmest - Imagine opening up your email inbox and an AI has already written replies to all your emails. (link)

🐦️ Tweet of the day

😬

And that does it for today's issue.

As always, thanks for reading. Have a great day, and see you next time! ✌️

— Haroon: (definitely) Not A Robot and @haroonchoudery on Twitter

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