OpenAI’s chatGPT is the latest language model to take the business world by storm — Instacart Inc., Shopify Inc. (NYSE:SHOP) and Snap Inc. (NYSE:SNAP) are already integrating the technology into their products.
What Happened: OpenAI — the company which launched chatGPT for public testing in November last year — is now offering paid access to businesses that want to use the chatbot’s ability to elevate the performance of their apps and products.
Users can integrate chatGPT’s application programming interface into their apps.
“The ChatGPT model family we are releasing today, gpt-3.5-turbo, is the same model used in the ChatGPT product. It is priced at $0.002 per 1k tokens, which is 10x cheaper than our existing GPT-3.5 models,” OpenAI said in a blog post on Wednesday.
Instacart, Shopify, Snap, Quizlet and Speak are some companies that are early users of the chatGPT API.
In January, OpenAI negotiated the expansion of Microsoft Corporation’s (NASDAQ:MSFT) investment in the company, which added approximately $10 billion.
Check out more of Benzinga’s Consumer Tech coverage by following this link.
Read Next: Want To Work On ChatGPT With OpenAI Co-Founder Sam Altman? ‘Send Evidence Of Exceptional Ability’
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
