New and improved embedding model
OpenAI just shipped a cheaper, faster embedding model. Here's why your RAG pipeline matters.
Why it matters
OpenAI released an improved embedding model with better capability, lower cost, and simpler integration—a direct efficiency win for companies building retrieval-augmented generation and semantic search at scale.
The key facts
12 to knowNew embedding model announced by OpenAI
Positioned as more capable than predecessor
Cost-effectiveness improvement claimed
Simplified user experience
Published December 15, 2022
No specific benchmarks, pricing, or performance metrics provided in headline
New embedding model announced
Claims: significantly more capable
Claims: more cost effective
Claims: simpler to use
Published Dec 15, 2022
No specific benchmarks or pricing data provided in headline/summary
Go to the source
OpenAI Blogopenai.com
Publisher excerpt: We are excited to announce a new embedding model which is significantly more capable, cost effective, and simpler to use.