OpenAI Says 75% Cost Reduction On Embeddings Model; Continue To Make Systems More Efficient And Are Passing Those Savings On To Developers, Effective Today
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OpenAI announced a 75% cost reduction on its embeddings model, making systems more efficient and passing the savings on to developers, effective today.
June 13, 2023 | 5:08 pm
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Microsoft may benefit from OpenAI's 75% cost reduction on embeddings model as it could lead to increased adoption and usage of the technology.
Microsoft is mentioned in the article, and the cost reduction on OpenAI's embeddings model could lead to increased adoption and usage of the technology. This may benefit Microsoft as it has a partnership with OpenAI and could see increased demand for its cloud services and AI-related products.
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