OpenAI introduces Model Distillation API

AI Impact Summary

OpenAI is introducing model distillation, allowing developers to create smaller, more cost-effective models by leveraging the outputs of larger, state-of-the-art models like GPT-4. This approach enables significant reductions in inference costs while maintaining a high level of performance. Developers can now tailor models to specific use cases without the expense of training a full-scale model from scratch, optimizing for efficiency and reducing operational overhead.