What to Know About GPT-4’s Pricing Model

The release of OpenAI’s GPT-4, a highly advanced language model with impressive features and capabilities, has generated significant interest among developers and users. To access GPT-4, one can join the waitlist for either ChatGPT Plus or ChatGPT API.

Stay curious! For more updates on the latest developments in the AI world, feel free to chat with our friendly Simplified AI Chat.

ChatGPT uses OpenAI’s GPT-3, which is free, while ChatGPT Plus is a paid upgrade that costs $20 per month. The question remains, will GPT-4 be free or not? Currently, Open AI’s latest offering is not yet available to the general public. What’s the latest news? Read more to find out!

Will GPT-4 be paid?

Yes, GPT-4 will be paid, unlike GPT-3. Here’s GPT-4’s pricing model :

Models with 8k context lengths (e.g. gpt-4 and gpt-4-0314), the price is:

• $0.03/1k prompt tokens*
• $0.06/1k sampled tokens*

Models with 32k context lengths (e.g. gpt-4-32k and gpt-4-32k-0314), the price is:

• $0.06/1k prompt tokens*
• $0.12/1k sampled tokens*

*1k tokens is equivalent to 750 words.

Bonus: 5 ChatGPT Prompts For Unstoppable Copywriting

Why is GPT-4 paid?

GPT-4 is not a free service because it requires a high running cost. Upgrading hardware, updates, additional features, hosting, and more are costly. These expenses are necessary to maintain the quality of the language model and ensure that it continues to meet the needs of users.

Were you aware that within just five days of its launch, ChatGPT had already amassed over 1 million users and earned the distinction of being the fastest-growing platform, reaching a total of 100 million users by January? By February, ChatGPT had hit 1 billion visits, and that number rose to 1.6 billion visits in March 2023. Following the platform’s launch, OpenAI was valued at a staggering $29 billion.

While it may be disappointing for some users that GPT-4 is not a free service, it is important to recognize the costs involved in providing such a high-quality language model. By charging for access to GPT-4, OpenAI can continue to invest in improving and updating the model to meet the needs of its users.

Bonus: 6 Ways ChatGPT is Transforming Social Media Marketing

Features of GPT 4

Let’s take a closer look at the features and capabilities of GPT-4.

1. Reliability

One of its key strengths is its reliability and accuracy, which outperforms other OpenAI models. It took six months to enhance GPT-4’s alignment and safety to produce the most effective results for users. As a result, GPT-4 is 82% less likely to respond to requests and inputs that contain disallowed content.

2. Top performance

GPT-4 has the ability to handle complex and challenging tasks once it reaches a certain threshold. Its extensive knowledge and problem-solving capabilities enable it to easily tackle difficult and intricate queries.

3. Manages complicated tasks

Its extensive knowledge and problem-solving abilities allow it to easily tackle complicated queries. In a test designed by humans to evaluate the capabilities of GPT-3.5 and GPT-4, the latter outperformed the former.

4. Accepts visual inputs

Users will be able to generate prompts with both images and text. This is a major upgrade compared to previous models, which only allowed for text-only inputs. GPT-4 will be capable of handling a wide range of domains, including images, diagrams, and text, allowing users to easily specify any vision or language task.

Introducing Simplified

If you’re reading this blog, chances are that you’re one of the few people in the world right now who are a step ahead in finding and aligning with new technology and tools. So here we are, introducing Simplified, a platform that utilizes GPT-4 technology to offer a range of advanced features, such as a built-in AI writer, an image generator, photo editing, and scheduling tools.

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Simplified is a perfect fit for agencies, freelancers, social media enthusiasts, influencers, and marketers.