ChatGPT maker OpenAI expands functions and significantly reduces prices

OpenAI CEO Sam Altman

The boss of the start-ups pushed the development of products like ChatGPT.

(Photo: Bloomberg)

san francisco The race for supremacy in artificial intelligence (AI) is intensifying. Only hours after the Facebook group Meta announced a new AI model, the San Francisco start-up OpenAI followed suit. The company’s existing models would be improved, more complicated requests to the systems would be made possible for the first time and prices would be reduced by up to 75 percent, OpenAI announced on Tuesday.

OpenAI triggered a hype about AI applications with the introduction of the text robot ChatGPT. The generative AI systems are able to produce texts, images and music. The technology could lead to annual efficiency gains of $2.6 to $4.4 trillion worldwide, the McKinsey Global Institute predicted in a study presented on Wednesday. “We see enormous advantages through AI,” said Michael Chui, head of the study, to the Handelsblatt.

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