The Future of Generative AI - Building Custom GPTs

In Today’s Cloudbites:

⚡️ The Future of Generative AI - Building Custom GPTs

👩‍💻 5 More Updates from ChatGPT

💰 PLUS: How an AI App Hit #1 on the App Store and Made $100 Million in ARR

Read time: 3 minutes

Hi friends, welcome back to Cloudbites. Today I’ll be giving you the rundown on OpenAI’s first ever DevDay where they discussed the future of generative AI and additional updates to ChatGPT.

⚡️ The Future of Generative AI - Building Custom GPTs

Exciting news! OpenAI has just launched a new feature where you can create your own version of ChatGPT. This means you can tailor ChatGPT to do things you need, like helping with learning, creating art, or assisting at work. 🙌

Do I Have to Know How to Code to Use This?

No. 🙅‍♀️ Creating your own ChatGPT version is as easy as starting a conversation, giving it instructions like searching the web, making images or analyzing data.

When Do I Gain Access to these Features?

For those using ChatGPT Plus or Enterprise, there are already some custom versions to try out, with free users gaining access soon.

Creating a GPT is now accessible to all, whether you're a teacher, a coach, or someone who loves building helpful tools. You have full control over what your GPT knows and does.

What’s the Future of Customizable GPTs? 🤷‍♀️

Going forward, these GPTs are set to become more advanced, capable of handling real-world tasks. If you create a popular GPT, you might have the opportunity to earn from it.

Later this month, Open AI will be launching the GPT Store, where GPTs become searchable and may climb the leaderboards. Following this, you’ll also be able to earn money based on how many people are using it. 💸

👩‍💻 5 More Updates from ChatGPT

1. Text to Speech API: OpenAI has introduced a new text-to-speech API with six preset voices and two model variants for different use cases. For more details, visit the TTS guide on OpenAI.

2. AI Assistants API: This new API allows for building AI applications with specific goals, offering persistent and infinitely long threads for developers. Learn more about the Assistants API.

3. GPT-4 Turbo with Vision: GPT-4 Turbo now accepts images as inputs, enabling various new use cases. Further information can be found in OpenAI's vision guide.

4. Price Reductions: OpenAI has reduced prices across several services on their platform. Detailed pricing information is available on their pricing page.

5. Updated Knowledge Cutoff: OpenAI updated the knowledge cutoffs for GPT models to April 2023, with plans for further updates.

💰 How an AI app Hit #1 on the App Store and Made $100 Million in ARR

EPIK, a photo editing app from Snow Corporation, rocketed to the top of the App Store with its unique AI feature that creates nostalgic, 90s-inspired "yearbook" photos.

With over 92.3 million installs since its August 2021 launch, its appeal lies in transforming user-uploaded selfies into retro-style images, gaining immense popularity on social media.

Despite challenges in meeting high demand, EPIK's innovative approach and social media presence have solidified its position as a leading AI app, showcasing the power of nostalgia and digital innovation in today's tech landscape.

That's all for now. Thanks for reading! 😊

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