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    You are at:Home»ChatGPT»ChatGPT open API! Crushing the competition with a 90% cost reduction: 750,000 words for just $2
    ChatGPT

    ChatGPT open API! Crushing the competition with a 90% cost reduction: 750,000 words for just $2

    Brady CottonBy Brady CottonMarch 2, 2023
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    In the past three months, ChatGPT has become one of the most popular AI applications in the world. Before, most of the services were free, but there was no open API, so the commercialization was not obvious. Now ChatGPT officially opened the API, and enterprises can pay for access, only $2 for 750,000 words.

    According to ChatGPT, by opening up the API, third parties will be able to offer ChatGPT’s same AIGC services in their own apps or products.

    Now the open API is based on the same gpt-3.5-turbo model of ChatGPT, priced at $0.002 /1000 tokens, which can be viewed as unstructured words. 1000 Tokens is equivalent to 750 words, and businesses will pay $2 to export 750,000 words.

    ChatGPT’s parent company, OpenAI, was originally designed to use AI for human benefit, and now it does, at a price that few AI can charge.

    In ChatGPT’s case, of course, this cost is also due to the fact that Chatgpt has already reduced its cost by 90% following an upgrade last December.

    Read Also: A new version of Moore’s Law comes from the father of ChatGPT: AI doubles in 18 months

    With ChatGPT’s open API, more companies will soon be able to access ChatGPT’s AI services, and the replacement of some jobs by AI is no longer a fantasy, but a reality.

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