New embedding models and API updates

Submit
New embedding models and API updatesopenai.com
openai.com

New embedding models and API updates

AI summary of the linked article

OpenAI announced new embedding models, lower GPT-3.5 Turbo prices, an updated GPT-4 Turbo preview and moderation model, and new API key and usage controls. The text-embedding-3-small model reduces the price per 1k tokens from $0.0001 to $0.00002 and raises the MIRACL average from 31.4% to 44.0% compared with text-embedding-ada-002. The larger text-embedding-3-large model raises the MIRACL average to 54.9%, and both models support shortening embeddings through the dimensions parameter. GPT-3.5 Turbo input prices fall 50% to $0.0005 per 1K tokens, and output prices fall 25% to $0.0015 per 1K tokens.

avatar
Today, we are releasing an updated GPT-4 Turbo preview model, gpt-4-0125-preview. This model completes tasks like code generation more thoroughly than the previous preview model and is intended to reduce cases of “laziness” where the model doesn’t complete a task.

Banger! I've been suffering from the "cases of laziness" in the prior GPT4 turbo preview model!