NEW EMBEDDING MODELS AND API UPDATES

Summary from the TLDR newsletter

OpenAI is launching new models, reducing prices for GPT-3.5 Turbo, and introducing new ways for developers to manage API keys and understand API usage. The new models include two new embedding models, an updated GPT-4 Turbo preview model, an updated GPT-3.5 Turbo model, and an updated text moderation model. The updated GPT-4 Turbo preview model completes tasks like code generation more thoroughly than previous preview models and is intended to reduce cases of 'laziness'. OpenAI plans to launch GPT-4 Turbo with vision in general availability in the coming months.