OpenAI DevDay 2023: the biggest takeaways

OpenAI recently held its inaugural developer conference, DevDay 2023, at the SVN West venue in San Francisco. The event commenced with an enlightening keynote address by Sam Altman, CEO of OpenAI, highlighting the significant milestones achieved by OpenAI over the past year.

DevDay showcased remarkable advancements in artificial intelligence, featuring the introduction of custom GPTs accessible to individuals without coding expertise. Additionally, the event spotlighted the Assistants API, a toolset to revolutionize app development, and demonstrated the integration of voice commands with the ability to execute code. The event presented a vision of a future where AI empowers individuals with unprecedented capabilities. Altman introduced Satya Nadella, CEO of Microsoft, as a special guest at the event.

During his address, Nadella affirmed the collaboration between Microsoft and OpenAI in shaping the ecosystem, emphasizing the significant impact on the Azure cloud platform. He expressed Microsoft's commitment to ensuring access to the finest models for all individuals, emphasizing its mission to empower every individual.

But let's get to the real deal. This wasn't just a party; it was a showcase of some seriously next-level AI. We're talking about new tools and tech that will change the game. Here’s a summary of everything they announced:

  1. Fine-tuning for GPT-4: OpenAI has expanded fine-tuning for GPT-4 to include a 16K version, enabling researchers to collaborate with companies to develop custom models.
  2. Custom GPTs: The AI powerhouse showcased the capability to create custom GPTs programmable through conversations, making it accessible to coders with no expertise.
  3. GPT Store: OpenAI announced the upcoming launch of the GPT Store, where creators can list their GPTs, featuring a revenue-sharing model to reward the most useful and popular applications, set to go live in late November. Initially, creators will earn a share of the subscription revenue.
  4. Copyright Shield: Introducing the Copyright Shield program, designed to provide protection against copyright lawsuits for ChatGPT enterprise and API customers
  5. GPT-4 Turbo: The GPT-4 Turbo can accept images as part of the prompt and can generate human-quality speech as its output. The GPT-4 Turbo comes in two versions – a strictly text-analysing version and another that comprehends both text and images.
  6. Startup Mentor: Sam Altman also presented a program called Startup Mentor, showing how it can be used to create a GPT that gives advice to startup founders. The CEO highlighted the ease of creating a GPT with specific knowledge and capabilities.

During the DevDay, remarkable numbers were shared:

  • The platform now boasts over 2 million actively engaged developers.
  • Additionally, 92% of Fortune 500 companies have embraced OpenAI's technology, utilizing it across various sectors such as finance, legal, and education—an increase from 80% in August.
  • ChatGPT, heralded as the fastest-growing consumer app ever, now hosts approximately 100 million weekly active users.
  • GPT-4 Turbo offers a 128,000-token context window — four times the size of GPT-4’s and the largest context window of any commercially available mode

The wide-ranging announcements across its AI services showcase OpenAI’s vision towards building a world where AI will act as an enabler.