• Conversational understanding – It is tuned on conversational data to be able generate appropriate responses in a chat context or dialogue.
• Language generation It can create coherent and grammatically accurate text with human-like consistency. It can be used as a text summarizer, answer to questions, or language translation.
• Personalization. This is because it is fine-tuned to conversational data and can generate text more customized to the user’s context and needs.
• Handling of rare and unseen words: The app is able to handle rare and unseen words as well as generate more coherent and contextually relevant text
• Multi-language support The app can support multiple languages. OpenAI released a different version of GPT-3 that supports many languages.
• Pretraining: Developers can quickly integrate the chatbot’s functionality into their projects by having it pre-trained.
• Flexibility can be customized to perform a specific task, or use domain data. This makes the system more capable of handling particular use-cases, such as customer support or content creation.

PricingChatGPT This model was developed by OpenAI. OpenAI is an organization that studies artificial intelligence. GPT-3 pricing is . It is part of OpenAI’s API. The price is determined by the number of requests (text generation) that are made to the API as well as the compute power used. It’s pay-per-use pricing.

• Davinci – Most powerful $0.0200 / 1K tokens
• Ada – Fastest Model $0.0004 /1K tokens
• Babage– Moderate $0.0.0005 /1K tokens
• Curie – Language translator $0.0020 /1K tokens

Prices are per 1,000 tokens. Tokens can also be described as pieces of text. A token is roughly (750 words) of 1,000 words. This paragraph is 35 tokens.Multiple models, each with different capabilities and price points. Start for free! Get $18 free credit to start experimenting. This credit can be used in your initial 3 months. Pay as you use! charges only for what you use, which is simple and flexible. Choose the right model, use it. You have the option to choose from different API plans, with different requests, compute power and data retention. OpenAI sales team should be contacted if you want to use the API for production-level usage. They can also provide details on pricing and how enterprise agreements could save you money. OpenAI launches a paid version, ChatGPT Professional, of its popular AI chatbot ChatGPT. It costs $20 per month . ChatGPT’s new, experimental version is available during high demand periods without blackout windows, priority to new features and faster response time. higher API request limits are also available. ChatGPT Pro Plus plans can have different pricing depending on what the user needs are and the agreements they make with OpenAI. This is only available by invitation and there is a waitlist on OpenAI’s Discord server. Is the paid version of ChatGPT Pro Plus worth the $20/mo fee? Yes. What are ChatGPT’s Limitations?

• No commonsense reasoning GPT models are unable to understand tasks that require comprehension of the context and underlying meanings of text.
• Inability to deal with rare or out of-vocabulary terms: GPT model are trained on large amounts of text and may have not seen certain words during training. This can lead to errors or inaccuracies when generating text for those words.