ChatGPT has gained widespread popularity, but its real-world potential for most individuals depended on OpenAI making its API more accessible to businesses. Now, the Microsoft-supported company has answered the call and is now providing developers and enterprises with paid access to integrate ChatGPT’s API. This grants them the same powerful GPT 3.5 model used by OpenAI, but at a significantly lower cost— just one-tenth of the original price.
“ChatGPT and Whisper models are now available on our API, giving developers access to cutting-edge language (not just chat!) and speech-to-text capabilities. Through a series of system-wide optimizations, we’ve achieved 90% cost reduction for ChatGPT since December; we’re now passing through those savings to API users,” OpenAI said in an announcement post.
According to OpenAI, they have modified their API based on feedback from developers and revised their API terms of service to more effectively address their requirements. Big tech companies and apps like Snap inc, Instacart, Quizlet, Shop and Speak are among the first few businesses to leverage the API.
