OpenAI has launched a new Functions API, enabling developers to integrate external tools and services with their models. This update significantly simplifies the process of getting LLMs to return structured data like JSON, which was previously a complex task requiring prompt engineering. The company also announced a 75% price reduction for embeddings and introduced a GPT-3.5 Turbo variant with an expanded 16k context window, offering 8x more capacity than the original GPT-3. AI
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RANK_REASON Launch of a new API by a major AI lab that enables significant new integrations and capabilities for downstream products.
