OpenAI's latest AI model is here! Users can build custom versions of ChatGPT

According to the Zhongtong Finance APP, OpenAI now allows users to build custom versions of ChatGPT to accomplish specific personal and professional tasks, in order to beat competitors in the increasingly crowded market.

The company announced on Monday that with this new option, users will be able to quickly create their own specialized versions of ChatGPT (referred to as GPT), such as helping children learn math or explaining the rules of board games. The company stated that no coding is required to use it.

In addition, OpenAI plans to launch a marketplace later this month, where users can find custom GPTs created by other users and monetize their own GPTs, similar to how they use applications in Apple's App Store.

This announcement was made at OpenAI's first developer conference on Monday. The company also announced that it will release a preview version of GPT-4 Turbo, a more powerful and faster version of the language model that supports the company's technology.

ChatGPT, which was released to the public in November last year, sparked a global AI frenzy. The company stated at the conference that ChatGPT is now used by approximately 100 million people per week, and over 90% of Fortune 500 companies are building tools on OpenAI's platform. However, the creators of ChatGPT also face competition from well-funded AI startups and tech giants with similar products, including Elon Musk, an early supporter of OpenAI.

For OpenAI, this conference is an opportunity to showcase its influence on the developer community. Hosting developer conferences is also a standard practice for leading tech companies such as Apple, Google under Alphabet, and Facebook under Meta. Typically, these annual events provide a preview of important software or product updates for tech companies.

OpenAI CEO Sam Altman delivered a keynote speech on stage, and Satya Nadella, CEO of Microsoft, a supporter of OpenAI, also joined the speech. Nadella praised their partnership, despite the two companies competing for business customers.

Altman gave a live demonstration of GPT, which will be launched this week for ChatGPT Plus and enterprise users. Altman inputted an outline of what he wanted to create—a chatbot that provides advice to startup founders—and ChatGPT generated a suggested name, startup mentor, and an avatar. He said that people can configure specific functionalities for their chatbots and upload files for them to consider during interactions with users.

Altman said after the speech, "It's silly, but what I created on stage is something I've been waiting for for ten years."

OpenAI stated that the Turbo version of GPT-4 is built on a large amount of online data from April this year, enabling it to have a better understanding of current events. The original version of GPT-4 has access to data up until September 2021, although the company introduced a feature this year that allows ChatGPT users to browse the internet for the latest information. Altman said at the conference, "Our understanding of the world with GPT-4 ended in 2021, and we are as frustrated as all of you, maybe even more so." "We won't let it become outdated again."

OpenAI stated that the Turbo version of ChatGPT will be able to handle and respond to new length prompts from users. In comparison, the company's GPT-4 model can only generate about 50 pages of text at most. The company also mentioned that the cost of using Turbo will be lower for developers.

In general, OpenAI was founded in 2015 and has launched many artificial intelligence models over the years. This technology has become more proficient in the field of generative AI, where the software can receive short written prompts and generate content in response, whether it's imitating human-written text or creating realistic images.

Some people have already used OpenAI's tools to write lyrics, draft emails, do homework, and create children's books. However, OpenAI and its competitors have also raised concerns about copyright. On Monday, OpenAI announced that it will cover any costs incurred by users due to copyright infringement claims. Microsoft and Google have previously taken similar measures.