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OpenAI Releases GPT3.5 Turbo: What This Means For Businesses

OpenAI, one of the world's most renowned AI research companies, recently announced the release of its ChatGPT and Whisper APIs, providing businesses with new opportunities for application development. These APIs feature the GPT3.5 Turbo model, the same language model used in the ChatGPT product. This model is known to be the most advanced one developed by OpenAI, making it ideal for non-chat use cases. With the release of the ChatGPT API, businesses can build their applications and products that leverage the power of this language model.


The ChatGPT API is priced at $0.002 per 1K tokens, which is ten times cheaper than the existing GPT3.5 models. This new pricing is expected to attract many businesses that are looking for high-quality natural language processing solutions at an affordable price.

Model updates

OpenAI is committed to providing its customers with the best possible experience, including continuously improving its models. With the GPT3.5 Turbo model, OpenAI will give the developers recommended stable models while allowing them to opt for specific model versions. OpenAI is set to release a new stable release in April, and developers who use the GPT3.5 Turbo model will receive the recommended stable model automatically.

Chat completions Beta

ChatGPT is powered by OpenAI's most advanced language model, GPT3.5 Turbo. With the new OpenAI API, businesses can now build their applications and products that leverage the power of this model. These applications can do things like:

  • Draft an email or other piece of writing
  • Write Python code
  • Answer questions about a set of documents
  • Create conversational agents
  • Give your software a natural language interface
  • Tutor in a range of subjects
  • Translate languages
  • Simulate characters for video games and much more

This new API provides developers with an easy way to integrate natural language processing into their products without investing a lot of time and resources into developing their own NLP models.

GPT3.5 Turbo prompt engineering

In addition to the robust AI model, OpenAI provides developers with guidance on prompt engineering. Prompt engineering is the process of carefully crafting prompts to optimize the model's output for a specific use case. OpenAI's API documentation includes helpful tips for prompt engineering and best practices for fine-tuning the model's responses. By leveraging prompt engineering techniques, businesses can maximize the value of the GPT3.5 Turbo API and create custom language models tailored to their specific needs.

How to integrate the ChatGPT API into your app or business

To use the Chat API, developers must make an API call to the GPT3.5 Turbo model. An example of an API call is provided in the OpenAIĀ documentation. Developers can also include the conversation history, which helps the AI better understand the conversation context. This can help improve the accuracy of the AI-generated response.

As businesses look for ways to improve their products and services, using advanced AI models such as GPT3.5 Turbo can be a game-changer. However, integrating these models into products can be challenging for businesses that lack the expertise and resources to do so. That's why we at Promptly Engineering offer custom API integration services that can help enterprises quickly and easily integrate the ChatGPT API into their products.

Build custom ChatGPT integrations with any app or software