OpenAI, the parent company of ChatGPT, is set to release a new and improved version of its popular AI tool, GPT-5, by the middle of this year. This new model is expected to be a significant upgrade from its predecessor, GPT-4, which has been facing performance issues.
According to reports, GPT-5 is anticipated to be released in the summer, with some enterprise customers already receiving demonstrations of its capabilities. One CEO who witnessed a version of GPT-5 described it as “really good, like materially better.” The new model is also rumored to have the ability to call AI agents being developed by OpenAI to perform tasks autonomously.
OpenAI is currently in the process of training GPT-5, and there is no set release date for the new model. Following the completion of training, GPT-5 will undergo internal safety testing and further scrutiny through a process known as “red teamed,” involving both employees and a chosen group of external individuals who will challenge the tool in diverse scenarios to identify potential issues prior to its public release.
The release of GPT-5 comes after OpenAI’s last major update to ChatGPT, which was introduced a year ago with the release of GPT-4. GPT-4 was marketed as being faster and more accurate in its responses than its predecessor, GPT-3, but faced issues such as “laziness,” where it would sometimes refuse to answer prompts.
Microsoft Corporation is the biggest investor in OpenAI and has integrated GPT technology into several of its products, such as Windows and Office. In 2023, it was reported that OpenAI was seeking further investment from Microsoft to develop GPT-5.
Speculation about the release of GPT-5 has been rife, particularly after the CEO of OpenAI hinted that it would be “better at everything.” However, neither Microsoft nor OpenAI has made any official announcements regarding GPT-5.
In conclusion, the upcoming release of GPT-5 is highly anticipated and could potentially revolutionize the capabilities of AI-powered chatbots. With improved performance and capabilities, GPT-5 has the potential to further enhance the utility of AI in various industries.
