OpenAI, a San-Francisco-based technology company which is known for making AI chatbots like ChatGPT, has now announced its first-ever developer conference. The company will be organising a developer conference on November 6 and will have keynote address breakout sessions and more says a report. It is expected that the event will bring hundreds of developers from around the world as OpenAI will showcase new tools and even discuss new ideas.

The company in a statement also announced that soon after bringing its API in 2020, it has constantly evolved the models in order to make it easier for developers to integrate cutting-edge AI into their projects with a simple API call.

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According to the reports, over 2 million developers use GPT-4, GPT-3.5, DALL E, and Whisper for a variety of use cases, including adding smart assistant functionality to already existing applications and creating previously unimaginable new applications and services.

Sam Altman, CEO of OpenAI, has already hinted that the company is going to showcase the latest enhancements and help developers make new things.

Further, the reports suggest that it is unlikely that GPT-5, the rumoured moniker of OpenAI's upcoming flagship generative AI model, will be announced at the event. According to OpenAI, registration for the event will start in the upcoming weeks, with a cap on developer attendance of "hundreds."

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The business seems to be headed towards profitability, and it could bring in $1 billion in revenue the following year.

Meanwhile, the business-oriented version of OpenAI's AI-powered chatbot app, ChatGPT Enterprise, has also been released by the Microsoft-owned company. ChatGPT Enterprise will provide enterprise-grade security and privacy, limitless faster GPT-4 access, longer context windows for processing longer inputs, advanced data analysis capabilities, customisation options, and much more.