75% slashed: OpenAI intros new generative text features while reducing pricing

  • The new GPT-3.5-turbo offers four times the context length (16,000 tokens) of the vanilla GPT-3.5-turbo at twice the price — $0.003 per 1,000 input tokens (i.e. tokens fed into the model) and $0.004 per 1,000 output tokens (tokens the model generates).
  • OpenAI says that it can ingest around 20 pages of text in a single go — short of the hundreds of pages that AI startup Anthropic’s flagship model can process, notably.
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