text-embedding-3-small: High-Quality Embeddings at Scale
OpenAI pulled off an impressive feat: they made embeddings both better AND 5× cheaper, a model that outperforms its predecessor by 13% while costing just $0.02 per million tokens. This breakthrough, known as text-embedding-3-small, transforms text into 1536-dimensional vectors for semantic search, clustering, and RAG applications, an exponential increase