OpenAI's Text-Embedding-3 in 7 Minutes

About this video

OpenAI's Latest Updates: Embedding Models Explained In this video, I discuss the latest release from OpenAI, particularly focusing on the new text embedding models. I discuss what embeddings are, their importance in modern natural language processing, and detailed insights into the three small and large models. The new models provide stronger performance and are significantly cheaper than previous models. I also discuss the flexibility in choosing the size of the embeddings, allowing for trade-offs between cost and performance. Finally, I review other updates such as reductions in GPT-3.5 turbo prices, an updated GPT-4 turbo preview, an updated moderation model, and a new platform for managing API usage. Upcoming videos will provide a practical guide on using these new models.