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		<title>OpenAI Launches Developer Platform Foundry</title>
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		<pubDate>Wed, 22 Feb 2023 11:01:12 +0000</pubDate>
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					<description><![CDATA[<p>OpenAI Launches Developer Platform Foundry TECHDIGEST&#8211;  OpenAI has announced the upcoming launch of its new developer platform, &#8220;Foundry,&#8221; which will enable customers to run the company&#8217;s latest machine learning models, including GPT-3.5, on dedicated compute capacity.  READALSO:Nigeria Tech Startup Ecosystem Attracts Offshore Investment Despite Challenges- NITDA  Foundry is designed for customers who require cutting-edge technology [&#8230;]</p>
<p>The post <a href="https://techdigest.ng/openai-launches-developer/">OpenAI Launches Developer Platform Foundry</a> appeared first on <a href="https://techdigest.ng">Tech Digest News</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><b>OpenAI Launches Developer Platform Foundry</b></p>
<p><b>TECHDIGEST</b><span style="font-weight: 400">&#8211;  OpenAI has announced the upcoming launch of its new developer platform, &#8220;Foundry,&#8221; which will enable customers to run the company&#8217;s latest machine learning models, including GPT-3.5, on dedicated compute capacity. </span></p>
<p><strong>READALSO</strong>:<em><a href="https://techdigest.ng/nigeria-tech-startup-ecosystem/"><b>Nigeria Tech Startup Ecosystem Attracts Offshore Investment Despite Challenges- NITDA</b> </a></em></p>
<p><span style="font-weight: 400">Foundry is designed for customers who require cutting-edge technology to handle larger workloads and will provide inference at scale with full control over model configuration and performance profiles. The platform will deliver a &#8220;static allocation&#8221; of compute capacity, likely on Azure, OpenAI&#8217;s preferred public cloud platform, for a single customer. Users will be able to monitor specific instances with the same tools and dashboards that OpenAI uses to build and optimize models. </span></p>
<p><span style="font-weight: 400">Foundry will also provide some level of version control, allowing customers to decide whether or not to upgrade to newer model releases and &#8220;more robust&#8221; fine-tuning for OpenAI&#8217;s latest models.</span></p>
<p><span style="font-weight: 400">In addition, Foundry will offer service-level commitments for instance uptime and on-calendar engineering support. Rentals will be based on dedicated compute units with three-month or one-year commitments. However, running an individual model instance will require a specific number of compute units, which won&#8217;t be cheap. For example, running a lightweight version of GPT-3.5 will cost $78,000 for a three-month commitment or $264,000 over a one-year commitment.</span></p>
<p><span style="font-weight: 400">Interestingly, one of the text-generating models listed in the instance pricing chart has a 32k max context window, which suggests that this mysterious new model could be the long-awaited GPT-4, or a stepping stone toward it. OpenAI&#8217;s latest text-generating model, GPT-3.5, has a 4k max context window. Foundry will undoubtedly help OpenAI turn a profit after a multi-billion-dollar investment from Microsoft, as compute costs are largely to blame. Training state-of-the-art AI models can command upwards of millions of dollars, and running them generally isn&#8217;t much cheaper. The company expects to make $200 million in 2023, a pittance compared to the more than $1 billion that&#8217;s been put toward the startup so far.</span></p>
<p><span style="font-weight: 400">OpenAI has been making moves toward monetization recently, including the launch of a &#8220;pro&#8221; version of ChatGPT, ChatGPT Plus, starting at $20 per month. It also teamed up with Microsoft to develop Bing Chat, a controversial chatbot that&#8217;s captured mainstream attention. OpenAI plans to introduce a mobile ChatGPT app in the future and bring its AI language technology into Microsoft apps like Word, PowerPoint, and Outlook. Separately, OpenAI continues to make its tech available through Microsoft&#8217;s Azure OpenAI Service, a business-focused model-serving platform, and maintain Copilot, a premium code-generating service developed in partnership with GitHub.</span></p>
<p><span style="font-weight: 400">Regenerate</span></p>
<p>&nbsp;</p>
<p>The post <a href="https://techdigest.ng/openai-launches-developer/">OpenAI Launches Developer Platform Foundry</a> appeared first on <a href="https://techdigest.ng">Tech Digest News</a>.</p>
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