OpenAI has unveiled GPT-4 Turbo, an upgraded version of its leading AI text generator, GPT-4. The company asserts that the new model is both more potent and cost-effective than its predecessor.
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Scenario
GPT-4 Turbo comes in two flavors: one for text analysis and another that comprehends both text and image context. The text analysis model is accessible in preview through an API.
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Pricing
GPT-4 Turbo's pricing is set at $0.01 per 1,000 input tokens and $0.03 per 1,000 output tokens, meaning a 3x lower price for input tokens and a 2x lower price for output tokens compared to GPT-4.
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Improvements
GPT-4 Turbo features several enhancements over GPT-4, such as an updated knowledge base and a larger context window. GPT-4 Turbo's knowledge extends up to April 2023.
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More
The new model has a 128,000-token context window—four times the size of GPT-4's—which is the biggest context window of any commercially available model, even surpassing Anthropic's Claude 2.