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🚀 Today's AI deep dive:

• Open AI opens up - Revolutionize Your Apps with ChatGPT Integration from Open AI

• Meet "Bicasso" Binance's AI-Powered NFT Generator

🚀Open AI opens up - Revolutionize Your Apps with ChatGPT Integration from Open AI

Today, OpenAI - the company responsible for ChatGPT and DALL-E 2 - has made several notable announcements. Firstly, it has unveiled new developer APIs for ChatGPT and its Whisper speech-to-text model. It has also adjusted its terms of service to allow developers to opt out of their data being used for improvements, while implementing a 30-day data retention policy.

The new ChatGPT API will utilize the same AI model (known as "gpt-3.5-turbo") as the popular chatbot. This means that developers will be able to integrate either unmodified or customized versions of ChatGPT into their applications. Examples of early adopters include Snap's My AI, a virtual tutor feature for Quizlet, and an upcoming Ask Instacart tool for the local shopping app. The API can also be used to power non-chat software experiences that can benefit from AI technology.

The ChatGPT API is available for $0.002 per 1,000 tokens (equivalent to approximately 750 words). OpenAI is also offering a dedicated-capacity option for developers who require more tokens than the standard API allows. In addition, OpenAI is providing a consumer-facing ChatGPT Plus service for $20 per month. The company's Whisper API is a hosted version of the open-source Whisper speech-to-text model, optimized for speed and convenience. Developers can access the transcription API for $0.006 per minute, which supports robust transcription in multiple languages and provides translation to English.

Finally, OpenAI has addressed privacy and security concerns raised by its customers by making changes to its developer terms. Unless a developer opts in, OpenAI will no longer use data submitted through the API for service improvements. OpenAI has also introduced a 30-day data retention policy, with stricter retention options available for high-usage companies. OpenAI has clarified its terms surrounding data ownership, making it clear that users own the models' input and output. OpenAI is also replacing its pre-launch review process for developers with a mostly automated system, claiming that monitoring has improved significantly. The company's goal is to build a developer-friendly platform that others can build businesses on top of.

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🚀 Meet "Bicasso" Binance's AI-Powered NFT Generator 

Photo Credit: Bicasso AI#17931, an early NFT mints found on cointelegraph.com

Binance, the world's largest crypto exchange, has launched an AI-powered NFT generator called "Bicasso" in beta. This image-generation tool can turn users' creative visions into NFTs using AI. Bicasso completed its first pilot with 10,000 NFTs minted in just 2.5 hours. The AI system is similar to DALL-E and allows users to upload images or type in creative prompts to generate bespoke images. As part of the limited beta, 9,909 owners created at least one NFT, which are not available for resale. Binance acknowledged some glitches due to high demand and is working on increasing server abilities to reduce errors and make the minting process smoother. The waitlist for the full version is available for those who missed out on the beta quota. Generative art is a new archetype in the art world, where an autonomous system is used to create art, as seen with Taylor Hobbs' "Fidenza #724" NFT, auctioned by Christie's for $440,000, and Google Cloud AI's transformation of all 10,000 Bored Ape Yacht Club NFTs into machine-made art. At the time of writing, "Bicasso AI#10445" was the most recently minted NFT on the platform.

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📰 BEYOND THE HEADLINE

Last night AI DJ saved my life? Testing Spotify’s virtual radio host

The Google engineer who was fired after claiming the company's chatbot is sentient says AI is the 'most powerful' tech invented 'since the atomic bomb'

🤖 THE DAILY SCROLL

Okay...WeChatGPT+ 😂 (via Reddit)