ChatGPT-parent OpenAI It is reportedly preparing to launch a significantly improved version of its popular AI tool by the middle of this year.
What happened: The new model, GPT-5should represent a significant upgrade over its predecessor, GPT-4, which faced performance issues. The new model is expected to be released in the summer, with some enterprise customers already receiving demonstrations of its capabilities, people familiar with the company told Business Insider,
One CEO who witnessed a version of GPT-5 described it as “really good, materially better.” The new model is also said to have the ability to call upon AI agents developed by Sam Altmann– lead the company to carry out tasks autonomously.
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OpenAI is currently training GPT-5 and there is no set release date for the new model.
After completion of the training, GPT-5 will undergo internal safety testing and will undergo further scrutiny through a process known as “red teamed”, which will involve both employees and a select group of external individuals who will put the tool through its paces in different scenarios to identify potential problems before its public release.
As another source pointed out, the security testing phase has no set time frame for completion, implying that this process could potentially delay the release date.
Because matter: The release of GPT-5 comes after OpenAI’s last major update to ChatGPT, introduced a year ago. GPT-4 was marketed as faster and more accurate in responses than its predecessor, GPT-3. However, the tool had issues, including “laziness,” where it sometimes refused to respond to requests.
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Microsoft Society MSFT is the largest investor in OpenAI and has integrated GPT technology into many of its products, such as windows AND Office. In 2023, it was reported that OpenAI was seeking further investment from Satya Nadella-the tech giant developed GPT-5.
Speculation about the release of GPT-5 has been rife, especially after OpenAI’s CEO hinted that it would be “better at everything.” However, neither Microsoft nor OpenAI have made any official announcements regarding GPT-5.
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Read next: Microsoft CEO Satya Nadella doesn’t know how it would work ‘if you took away’ this AI tool – Hint: It’s not ChatGPT
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Disclaimer: This content was partially produced with help from Benzinga Neuro and has been reviewed and published by Benzinga editors.