OpenAI's Big Reveal: Custom GPTs, GPT Store & More

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Here's what we're covering today:

• OpenAI’s big reveals at developer day

• Looking to build custom GPTs? We’ve got you covered

Let’s get to it! 👇

TODAY'S PERSPECTIVE

OpenAI’s Big Reveal: Custom GPTs, GPT Store & More

OpenAI had their first Developer Conference yesterday. And before you stop reading because you're not a "developer"... you're going to want to know what they unveiled.

By our count, 16 major announcements were made. If you want to know every detail, here's where you can watch the keynote.

But we're here to tell you what matters.

Here's the big takeaways:

ChatGPT and GPT apps will get longer memory 🧠 

Tired of GPT forgetting halfway through your conversation or not being able to process your long transcripts? That’s getting solved.

OpenAI announced a new flavor of GPT-4 that will soon have 128,000 tokens of context (aka be able to process up to ~100K words) making having complex conversations and interactions with an AI model much easier.

You can now create Custom GPTs 🤖 

This is the biggest one.

You can now create custom AI assistants, directly within OpenAI's ChatGPT app. Add custom data, give access to tools, train it to be good at certain tasks and more.

We’ll be covering this more in depth as it rolls out, certainly.

The GPT Store and Revenue Sharing 🤑 

Custom GPTs won’t just stop with you.

OpenAI is adding the GPT Store as a marketplace to discover GPTs built by others. And with revenue sharing, many will be incentivized to build AI tools that benefit your company. (& you can do this too!)

Copyright Shield 🛡️ 

OpenAI is joining the ranks of tech companies that will protect you if a copyright infringement case is put up against you while using their services.

Cheaper Models 📉 

For anyone building AI tools for their own business use cases, it just got way cheaper. The cost of both GPT-4 and GPT-3.5 have dropped 2-3x from their previous prices, and OpenAI dropped that they have speed improvements on the way.

Looking to build a custom GPT agent?

Our team has got you covered.

OpenAI’s new custom GPTs will allow you to:

• Create custom AI assistants on your own data or business context

• Connect and read from tools like your Calendar or Gmail

• Take actions on your behalf like send that message in Slack

• & A LOT more

Trainings and services will be announced soon, so get on the early access list (these always fill up fast!)

Secure your spot on the list.

LINKS

For your reading list 📚

OpenAI is making waves in the AI industry...

• OpenAI's ChatGPT is at 100 million weekly active users

• More on OpenAI’s custom GPTs where you can build and sell your own GPT models.

• OpenAI's new API launch includes DALL-E 3, a text-to-image model, now with built-in moderation.

• OpenAI is launching a Copyright Shield program to cover legal costs of copyright claims for its business customers.

• OpenAI's new GPT-4 Turbo is more powerful, less expensive, and comes in two flavors - one for text analysis and another for text and image context.

• OpenAI's GPT-4 can now caption complex images, but it's not perfect. This article covers the flaws and limitations in the newly released multimodal API.

AI is transforming the way we interact with digital platforms...

• YouTube's paid subscribers are getting new generative AI features, including a chat with comments and summarization of videos.

AI in startups: A boon or a bane?...

• Startups are feeling the burn from relying on OpenAI's ChatGPT, learning that AI tech can have its downsides.

• An interesting article on “generative AI tools aren't a threat to your marketing team, they're a potential partner.”

That's all!

We'll see you again on Thursday. Thoughts, feedback and questions are much appreciated - respond here or shoot us a note at [email protected].

Cheers,

🪄 The AI Exchange Team