GPT-4 Turbo: Legal Tech’s Game-Changer.
In the dynamic landscape of legal technology, innovation is the driving force, and OpenAI is at the forefront of this revolution with the unveiling of GPT-4 Turbo.
Company announced breakthrough updates for the new version of ChatGPT on November 6th, 2023. And this will be a game changer for GRC, Legal Ops, and resilience management.
🚀 GPT-4 Turbo: Setting New Benchmarks
Just earlier this year, GPT-4 entered the scene, and now, it is introduced GPT-4 Turbo, the AI juggernaut. What makes it stand out? It wields a massive 128K context window, capable of digesting over 300 pages of text in a single go. What’s more, it’s equipped with knowledge of global events up to April 2023.
💰 Affordable Excellence
But that’s not all. GPT-4 Turbo doesn’t just raise the bar in capability; it does so affordably. You’ll enjoy a 3x reduction in price for input tokens and a 2x reduction for output tokens compared to its predecessor, GPT-4.
⚙️ Revolutionizing Function Calling
Function calling takes a quantum leap with GPT-4 Turbo. Now, you can describe functions and APIs, even calling multiple functions in one message. This not only streamlines interactions but also enhances precision and efficiency.
📋 Precision and the JSON Advantage
GPT-4 Turbo is your go-to for tasks that demand precision, especially when generating specific formats like JSON. It’s also equipped with a brand-new JSON mode, guaranteeing valid responses every time.
🌱 Consistency and Control
With the introduction of the “seed” parameter, GPT-4 Turbo puts you in control. It ensures consistent outputs, a feature invaluable for debugging, robust unit testing, and maintaining superior control over the model’s behavior.
🔄 Elevate with GPT-3.5 Turbo
But the innovation doesn’t stop there. An upgraded GPT-3.5 Turbo is also on the horizon, offering a 16K context window by default. It excels in instruction following, supports JSON mode, and enables parallel function calling.
The Significance in Legal Tech:
The future of legal technology has never looked brighter. GPT-4 Turbo is a game-changer, not just for legal professionals but for the entire legal tech landscape. Its ability to handle vast amounts of legal text with precision and affordability means more efficient contract drafting, legal research, and document generation. This innovation empowers legal teams to focus on the core aspects of their work while the AI handles the heavy lifting.
Dive into these transformative updates, explore the endless possibilities, and gear up for a new era in legal tech. GPT-4 Turbo is here to light the way to a brighter, more efficient future! 🌐💡