“The new Assistants API could enable developers to build more sophisticated AI applications with less effort, which might attract users from other platforms,” said Jim Kaskade, CEO of AI-driven chatbot maker, Conversica. Several open source software firms may face the heat and even threaten the survival of a few due to the new OpenAI updates, analysts predict.

The moves by OpenAI and Google are likely to create competition for model and tool builders working in the open source community, Shimmin said. Shimmin likened OpenAI’s new updates to Google Cloud, which has introduced a new developer experience via its Vertex AI offering. “By lowering its prices and by building the ability to create functions, using multi-modalities (code, images, etc.), and building in embeddings functionality - all as a native aspect of its new GPT’s user experience - OpenAI is trying to position itself as a viable alternative to build-it-yourself, open source development efforts,” Shimmin added.