• Source:REUTERS

OpenAI, the company which made the chatbot ChatGPT, has announced a new marketplace during the first-ever developer conference. The company aims to expand its business amid the rumours of declining revenue by offering customised AI applications based on its chatbot ChatGPT.

Altman disclosed that ChatGPT, which was launched in November 2022, has had a swift surge in popularity, with 100 million active users every week. The most recent innovation from OpenAI focuses on personalised AI applications known as "GPTs," which are seen in initial forms of AI assistants made to carry out everyday tasks like making travel reservations for users. Later this month, a GPT Store will go live, enabling people to share their GPTs and get paid based on how many customers they bring in, Altman continued.

READ: OpenAI May Introduce 'GPT Builder' For ChatGPT Users Soon: Report

Following an earlier attempt to establish a marketplace for ChatGPT plugins, OpenAI is now making a push into the GPT ecosystem. "Eventually, you'll just ask the computer for what you need, and it'll do all of these tasks for you," Altman said.

In addition to introducing GPTs, OpenAI presented several developer-focused enhancements during the conference, including notable cost savings. Additionally, OpenAI announced the release of a new GPT-4 Turbo model for its two million developers, which offers a more affordable option than the GPT-4 model.

The goal of OpenAI is to entice more companies and developers to create models that can rival those produced by other industry titans. Competitors include Anthropic, Alphabet's Google, and open-source models like Meta Platforms' Llama. Microsoft, another opponent and OpenAI supporter is another.

Microsoft CEO Satya Nadella surprised everyone at the conference by showing up and saying that the company is still in favour of building basic AI models. Microsoft has made more than $10 billion in OpenAI investments to support the infrastructure and research for these models.

OpenAI also introduced the modified Models programme, which charges more for modified GPT-4 models. They also promised to pay for legal defence against accusations of copyright infringement, matching proposals from Microsoft and Google.