OpenAI is planning significant updates to make artificial intelligence-based software development faster and cheaper. This is crucial for companies looking to implement AI-driven technology. The creator of ChatGPT aims to attract more businesses to use its technology. This information comes from sources familiar with the plans.
The updates include new developer tools. For instance, memory storage will be added to AI models. This could reduce costs for application builders by up to 20 times. This is particularly good news for partners concerned about the rising costs of using OpenAI's powerful models. The company is also unveiling new tools that will allow developers to build applications capable of analyzing and describing images. These can be deployed across various sectors, such as entertainment and medicine.
Such features are essential for OpenAI's ambition to expand from a consumer sensation to a popular developer platform. This is the vision of CEO Sam Altman. The company was co-founded in 2015 by Elon Musk and Altman. Since then, it has evolved into a leading player in the AI industry.
The new features are expected to be launched during OpenAI's first developer conference in San Francisco on November 6. They are designed to encourage companies to adopt AI technology, enabling them to build chatbots and autonomous agents that perform tasks without human intervention.
Additionally, OpenAI has high expectations for sales growth. As reported by Reuters last December, OpenAI executives expect to close this year with a revenue of $200 million. In 2024, they hope to reach a revenue of $1 billion. However, attracting external parties to build businesses using their technology remains a challenge. Sam Altman has personally committed to engaging with developers about his vision for a new ecosystem. Based on
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