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Today, Todor Markov, a researcher at OpenAI, is discussing the OpenAI fine-tuning API, focusing on safety and monitoring the API. He will share how to use the API to fine-tune GPT3 models, followed by live demos. The API, released over a month ago, allows users to create specialized models with higher performance on specific tasks. Todor will cover the benefits of fine-tuning, run a live demo, and address challenges.