Emergency Pod: OpenAI's new Functions API, 75% Price Drop, 4x Context Length (w/ Alex Volkov, Simon Willison, Riley Goodside, Joshua Lochner, Stefania Druga, Eric Elliott, Mayo Oshin et al)
Latent Space: The AI Engineer Podcast
OpenAI's Game-Changing Updates
This chapter explores OpenAI's exciting new features, primarily focusing on significant cost reductions for embedding services and the launch of a 16k GPT-3.5 model. The discussion highlights the potential impact of these changes on developers, user experience, and application performance, along with the introduction of the Functions API and a new role within the API. Despite the optimism surrounding these updates, concerns about output reliability and performance remain at the forefront.
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