Updated OpenAI embeddings to new text-embedding-3-small model.
Information about the new model from OpenAI docs:
text-embedding-3-small is our new highly efficient embedding model and provides a significant upgrade over its predecessor, the text-embedding-ada-002 model released in December 2022.
Stronger performance. Comparing text-embedding-ada-002 to text-embedding-3-small, the average score on a commonly used benchmark for multi-language retrieval (MIRACL) has increased from 31.4% to 44.0%, while the average score on a commonly used benchmark for English tasks (MTEB) has increased from 61.0% to 62.3%.
Reduced price. text-embedding-3-small is also substantially more efficient than our previous generation text-embedding-ada-002 model. Pricing for text-embedding-3-small has therefore been reduced by 5X compared to text-embedding-ada-002, from a price per 1k tokens of $0.0001 to $0.00002.
Updated OpenAI embeddings to new
text-embedding-3-small
model.Information about the new model from OpenAI docs: text-embedding-3-small is our new highly efficient embedding model and provides a significant upgrade over its predecessor, the text-embedding-ada-002 model released in December 2022.
Stronger performance. Comparing text-embedding-ada-002 to text-embedding-3-small, the average score on a commonly used benchmark for multi-language retrieval (MIRACL) has increased from 31.4% to 44.0%, while the average score on a commonly used benchmark for English tasks (MTEB) has increased from 61.0% to 62.3%.
Reduced price. text-embedding-3-small is also substantially more efficient than our previous generation text-embedding-ada-002 model. Pricing for text-embedding-3-small has therefore been reduced by 5X compared to text-embedding-ada-002, from a price per 1k tokens of $0.0001 to $0.00002.