Artificial intelligence is undoubtedly the track of the current fire. As the price of processing power of Large Language Model (LLM) drops, it will help this technology to enter the mainstream faster.
Due to the fierce competition among big language model companies OpenAI, Anthropic and Cohere, this cost difference has dropped to only about 5%.
In order to enhance competitiveness, OpenAI directly cut the price of using this technology by 90%, which may be devastating to competitors.
In addition, the sharp price reduction of ChatGPT of OpenAI will allow more users to participate, and hardware manufacturers will also design higher-performance chips, such as NVIDIA H100 GPU.
However, Ori Goshen, co-CEO of AI21, said that most companies will not use the general model of ChatGPT, but need models trained for industries such as finance or medical care, or models trained based on a company’s own data.
The price reduction of ChatGPT is only the beginning. This technology will enter large-scale commercial use at a rapid speed, and it also shows OpenAI’s determination to seize the market. In the future, not many companies will have the strength to fight against it.
