OpenAI announced the open API, and developers can integrate ChatGPT into their own products

On March 2, OpenAI announced that it would allow third-party developers to integrate ChatGPT into their applications and services through APIs. Greg Brockman, president and chairman of OpenAI, said that ChatGPT API is supported by “gpt-3.5-turbo”, which is an optimized version of GPT-3.5 and priced at $0.002 per 1000 token (“Token” mentioned here refers to the text block that the system decomposes sentences and words into to predict what text should be output next). According to the OpenAI official website, token can be understood as an unstructured word, while 1000 tokens correspond to 750 words. This price is also 90% cheaper than the current GPT 3.5 model.

Interpretation of this information:

OpenAI has recently made an announcement that ChatGPT will be available for third-party developers to use through APIs. This is a strategic move by OpenAI to increase their reach and impact in the developer community, as well as allowing for more widespread use of the powerful language model.

ChatGPT is powered by gpt-3.5-turbo, which is an optimized version of GPT-3.5, and is priced at $0.002 per 1000 tokens. The term “Token” here refers to the text block that the system breaks down into sentences and words to predict the next output. Essentially, this means that developers will be charged a nominal fee for a certain amount of words as compared to the previous pricing models.

According to the official website of OpenAI, a token can be seen as an unstructured word, and 1000 tokens correspond to 750 words. This is a more efficient way of measuring usage as compared to the previous model. The new pricing is also 90% cheaper than the current GPT 3.5 pricing model, which will be a significant incentive for developers to use ChatGPT as compared to other models in the market.

This new development is a win-win for both OpenAI and third-party developers. As developers will be charged solely based on the amount of words they use, it will be a more cost-effective and accessible option for those who require language processing and conversation models in their applications. OpenAI, on the other hand, will be able to generate revenue through the volume of usage by third-party developers.

Overall, OpenAI’s decision to offer ChatGPT through APIs is a strategic and smart one. It will help increase their user base and engagement with developers, while making the powerful model more accessible to a wide audience. A fair and flexible pricing model will enable developers to build language models that are helpful and personalized, and will enable them to reach a wider audience.