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OpenAI API (GPT models)

Large language model API capable of NER through zero-shot prompting

OpenAI's GPT models can perform NER tasks through natural language prompting without fine-tuning. The API supports flexible entity definitions and handles complex contextual understanding, though it is less optimised than dedicated NER systems.

Pricing from$0.50 per 1M input tokens (GPT-4 Turbo; varies by model)
Best forTeams needing flexible, context-aware entity extraction with minimal setup
Websiteopenai.com/api/

Strengths and trade-offs

  • Extremely flexible entity definitions through natural language prompts
  • Excellent at understanding context and nuanced entity relationships
  • Higher operational cost per request than dedicated NER services
  • Less deterministic output can complicate production workflows

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