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OpenAI DevDay: 4 Major API Updates Explained

Explore the latest announcements from OpenAI's DevDay! This video dives into four significant updates: Real-time API for natural speech conversations, Vision Fine-Tuning for enhanced visual capabilities, Prompt Caching for cost efficiency, and Model Distillation for creating efficient models with larger outputs. Learn how these innovations can revolutionize your applications and improve performance.

Links
https://openai.com/devday/
Introducing the Realtime API: https://openai.com/index/introducing-...
Introducing vision to the fine-tuning API: https://openai.com/index/introducing-...
Prompt Caching in the API: https://openai.com/index/api-prompt-c...
Model Distillation in the API: https://openai.com/index/api-model-di...
Pricing: https://openai.com/api/pricing/

Repo: https://github.com/openai/openai-real...

00:00 Introduction to OpenAI's Dev Day Updates
00:09 Exploring the Real-Time API
01:19 Function Calling Capabilities
02:06 Pricing and Availability
03:01 Fine-Tuning the Image API
03:28 Understanding Prompt Caching
04:11 Model Distillation Explained
04:56 Open Source Repository and Conclusion