OpenAI launches tools to boost AI app development and cut costs

New tools from OpenAI include fine-tuning capabilities for AI models using text and images, enhancing tasks like visual search and autonomous vehicle object detection.

Physical Intelligence secured $400 million in funding, backed by Bezos and OpenAI, to advance its universal robot software initiative.

OpenAI has launched several new tools aimed at making it easier for developers to create applications powered by its AI technology. Among the key innovations is a real-time tool that allows developers to build AI voice applications using a single set of instructions, streamlining what was previously a multi-step process.

The startup, supported by Microsoft, also introduced a fine-tuning tool that enables developers to improve AI model responses using both text and images. This enhancement boosts capabilities like visual search and object detection, potentially benefiting sectors such as autonomous vehicles.

OpenAI has forecast a rapid rise in revenue, expecting to generate $11.6 billion next year, driven by businesses building their own AI apps using its technology. With competition from tech giants like Google heating up, OpenAI is focused on rolling out advanced tools to retain its edge in the generative AI race.

Other newly unveiled features include a method for smaller AI models to learn from larger ones, and a ‘Prompt Caching’ system that can reduce development costs by reusing previously processed text, cutting expenses by up to half.