OPENAI PLANS MAJOR UPDATES TO LURE DEVELOPERS WITH LOWER COSTS

Summary from the TLDR newsletter

OpenAI plans to introduce major updates to its API next month, including memory storage and vision capabilities. The new features are expected to be rolled out at the company's first-ever developer conference on November 6. They are designed to attract more developers to pay for access to OpenAI's models. OpenAI is aiming to hit $1 billion in revenue by 2024.