OpenAI's push to own embedding models

Embedding models are a key part of training and deploying large language models. OpenAI wants to win on price as competition on quality grows.

midjourney

In what seems to be the grand tradition of AI announcements these days, OpenAI buried a very substantial update to what amounts to a throwaway line in a blog post announcing a series of updates for its products.

OpenAI said it’s slashing the cost of its embedding model, ada-002, by a whopping 75% to $0.0001 per 1,000 tokens. It’s one of the mo…