Yes, the OpenAI GPT-3 model, which the ChatGPT API uses, can be trained for tasks like sentiment analysis. However, it’s important to note that it doesn’t come pre-trained for sentiment analysis. You would need to instruct it properly by formulating your input in a way that guides the model to provide sentiment analysis. You may need to experiment with the input and instruction formats to get the desired output, as there might be variation in performances.