On Wednesday, OpenAI announced the availability of developer APIs for its popular ChatGPT and Whisper AI models that will let developers integrate them into their apps. An API (application programming interface) is a set of protocols that allows different computer programs to communicate with each other. In this case, app developers can extend their apps’ abilities with OpenAI technology for an ongoing fee based on usage.
OpenAI calls its new ChatGPT API model “gpt-3.5-turbo,” which supersedes its previous “best” LLM API, “text-davinci-003.” It is priced at $0.002 per 1,000 tokens (about 750 words), which OpenAI says is about 10 times cheaper than its existing GPT-3.5 models. “Through a series of system-wide optimizations, we’ve achieved 90% cost reduction for ChatGPT since December,” writes OpenAI on its API announcement page.
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