Introducing New Embedding Models

New embedding models are revolutionizing the way we approach machine learningOpenAI has launched a smaller, highly efficient text-embedding-3-small model, and a larger, more powerful text-embedding-3-large model. These models are designed to understand the relationships between content and perform tasks like clustering or retrieval more effectively. The text-embedding-3-small model boasts a significant performance increase over its predecessor and comes at a reduced price, making it more accessible. Meanwhile, the text-embedding-3-large model offers even stronger performance with up to 3072 dimensions for embeddings. Additionally, OpenAI is introducing a new GPT-3.5 Turbo model with improved accuracy and cost-effectiveness. With these advancements, developers can expect more robust and flexible machine learning tools to enhance their applications. The release also includes new API management tools and a commitment to safety with the updated Moderation API. This marks a substantial step forward in the field of AI and machine learning, providing developers with the tools they need to build more intelligent and efficient systems.

OpenAI
Not Applicable
April 4, 2024
New embedding models and API updates
OpenAI Embedding Models Documentation