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What Are the New Features of GPT-4 Turbo and Custom GPTs?

November 6, 2023
by
MattVidPro AI
YouTube video player
What Are the New Features of GPT-4 Turbo and Custom GPTs?

TL;DR

OpenAI has launched the GPT-4 Turbo model, supporting up to 128,000 tokens of context, enhancing accuracy and speed. It introduces custom GPTs, enabling users to create tailored versions of ChatGPT for specific tasks, which allows for expanded knowledge, customizable actions, and more effective integration with applications.

Transcript

hey everyone welcome back to the Matt vidpro AI YouTube channel now for this channel this upcoming week is going to be pretty big there's a lot of stuff to talk about and even more stuff to show you this video right now is going to be some of the biggest stuff it's all surrounding open AI announcements but get subscribed and stay tuned for later th... Read More

Key Insights

  • ⚾ Open AI's announcement of the GPT-4 Turbo model showcases advancements in context length and accuracy, providing developers with a powerful tool for generating language-based outputs.
  • 🤗 The introduction of custom GPTs empowers users to create personalized and tailored versions of Chat GPT, opening up possibilities for building unique assistive agents and enhancing applications.
  • 😥 The availability of the GPT-4 Turbo model and custom GPTs at a more affordable price point encourages widespread adoption and innovation within the developer community.
  • 🤙 Open AI's focus on improving the developer experience, including features like data retrieval and function calling, demonstrates their commitment to providing tools that are user-friendly and efficient.
  • 👤 The integration of AI capabilities, such as language processing and image generation, into various applications highlights the potential for AI to enhance user experiences and streamline processes.
  • 🏪 Open AI's emphasis on community-driven development, with features like the GPT store and revenue sharing for popular GPTs, promotes collaboration and creativity among developers.
  • 🫷 The introduction of the GPT-4 Turbo model and custom GPTs signifies Open AI's continued commitment to pushing the boundaries of AI technology and delivering innovative solutions to the market.

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Questions & Answers

Q: What are the main features of the GPT-4 Turbo model?

The GPT-4 Turbo model supports up to 128,000 tokens of context length, ensuring industry-leading performance in terms of context length and accuracy. It also introduces consistent seed output, improved function calling capabilities, and better integration with applications.

Q: How can custom GPTs be used?

Custom GPTs allow users to create tailored versions of Chat GPT for specific purposes, incorporating personalized instructions, expanded knowledge, and actions. These custom GPTs can be utilized to build assistive agents, enhance applications, or accomplish tasks more efficiently.

Q: What is the pricing for the GPT-4 Turbo model?

The GPT-4 Turbo model is considerably cheaper than its predecessor, GPT-4. It costs 1 cent for 1,000 input tokens (approximately 750 words) and 3 cents for 1,000 output tokens (around 750 words). This pricing makes it more accessible and affordable for developers.

Q: How does the data retrieval feature work?

The data retrieval feature allows users to upload specific documents or databases, enabling the GPT models to access external knowledge and information. This feature enhances the capabilities of the models and facilitates tasks that require accessing extensive data sources.

Summary & Key Takeaways

  • Open AI announces the release of GPT-4 Turbo, a faster version of the GPT-4 model with support for up to 128,000 tokens of context length, making it industry-leading in terms of context length and accuracy.

  • The new GPT-4 Turbo model introduces features such as consistent seed output, improved function calling capabilities, and better integration with applications.

  • Open AI also unveils custom GPTs, which allow users to create personalized versions of Chat GPT for various purposes, offering expanded knowledge, actions, and instructions.


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