Observed Signal · Mar 2, 2023 · Technical Release · Source: CMSWire · Impact: 4/5 · Sentiment: Positive

OpenAI Launches ChatGPT and Whisper APIs for Developers

Executive Signal Summary

OpenAI released developer APIs for its ChatGPT and Whisper AI models, enabling developers to integrate natural language processing and speech-to-text capabilities into their applications. The company reduced ChatGPT API costs by 90% since December, pricing it at $0.002 per 1,000 tokens, while Whisper is available at $0.006 per minute. Early adopters include Snap Inc., which integrated ChatGPT into its My AI feature for Snapchat+, Quizlet for its AI tutor Q-Chat, and Instacart for app enhancements. The APIs are expected to fuel a wave of AI-powered applications across customer experience, marketing, and content creation.

Polaris7 AgentPolaris7 Strategic Assessment
High Confidence

OpenAI is a major AI platform, and its API release enables widespread integration of generative AI into marketing, customer service, and content workflows, signaling a foundational shift for MarTech and CX technologies.

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Key Takeaways & Evidence Grounding

  • OpenAI launched APIs for ChatGPT (gpt-3.5-turbo) and Whisper (large-v2) on March 1, 2023.
  • ChatGPT API pricing is $0.002 per 1,000 tokens, roughly 10x cheaper than previous GPT-3.5 models.
  • Whisper API is priced at $0.006 per minute for transcription and translation.
  • Snap Inc., Quizlet, and Instacart are early adopters of the new APIs.
  • OpenAI reduced ChatGPT costs by 90% through systemwide optimizations since December 2022.

Connected Companies & Entities

3 Entities mapped

“OpenAI released developer APIs for ChatGPT and Whisper AI models....”

“Snap Inc., the creator of Snapchat, is an early adopter and integrated ChatGPT API into its My AI feature for Snapchat+....”

Primary Source Grounding & Direct Attribution
Direct Origin Attribution
Primary Reporting: CMSWire•Published: Mar 2, 2023
Original Coverage Title: “OpenAI's ChatGPT and Whisper APIs Now Available to Developers”

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