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OpenAI<\/a> has temporarily paused accepting new users for its paid ChatGPT<\/a> Plus service due to overwhelming demand, Chief Executive Officer Sam Altman informed about the development on the X platform.<\/p>\n<\/p><\/div>\n The AI startup said at its conference that roughly 100 million people use its services every week and more than 90% of Fortune 500 businesses are building tools on OpenAI\u2019s platform.<\/p>\n Earlier this month, OpenAI announced a powerful language model – GPT 4 Turbo – at its first developer conference in San Francisco.<\/p>\n \u2018No coding required\u2019: OpenAI now allows users to create their own ChatGPT versions. Here’s how it works<\/i><\/a><\/p>\n The AI company said the GPT-4<\/a> Turbo is more powerful and updated than the previous GPT-4 version, which was announced in March this year.<\/p>\n OpenAI will enable ChatGPT users to build customized bots to handle specific tasks, and slashed costs on more powerful models for developers, the artificial intelligence lab said.<\/p>\n Sam Altman announces GPT-4 Turbo. A look at what’s changed with OpenAI’s latest language model<\/i><\/a><\/p>\n Altman launched a beta program for developers to fine-tune GPT-4 models. OpenAI launched its Custom Models program, offering a dedicated group of researchers to train custom GPT-4 for them.<\/p>\n The AI company will launch a GPT Store later this month where people can share their GPTs – OpenAI’s version of agents that will allow ChatGPT to book flights and perform other tasks – and earn money based on the number of users.<\/p>\n Launched in November 2022, OpenAI has 100 million weekly active users, according to Altman.<\/p>\n GPT-4 Turbo also features a larger 128K context window, which the company claims can fit over 300 pages of text in a single prompt.<\/p>\n GPT-4 Turbo comes with a 100K context window.<\/p>\n Sam Altman announces GPT-4 Turbo. A look at what’s changed with OpenAI’s latest language model<\/i><\/a><\/p>\n A larger context window could mean that the large language model understands the question better and offers a more thoughtful answer, as per The Verge report.<\/p>\n GPT-4 Turbo will be cheaper for developers to use, with input tokens being three times cheaper at $0.01 and output tokens being two times cheaper at $0.03 compared to GPT-4.<\/p>\n \t<\/p>\n Milestone Alert!<\/strong>Livemint tops charts as the fastest growing news website in the world \ud83c\udf0f<\/span> Click here<\/strong><\/a> to know more.<\/p>\nAbout GPT-4 Turbo:<\/h2>\n