In the information revolution, Generative AI, or artificial intelligence (AI), and its parent Open AI, with threatening industry titans like Big Blue and Google. ChatGPT attracted over five million users in its first week and has garnered 180 million users worldwide.
After months of OpenAI evolution, they introduced ChatGPT 4. Despite the higher pressure of the industry, Open AI pushed the boundaries to introduce Chat GPT 5, resulting in an early arrival of the model. Read on to learn more about ChatGPT 5.
Timeline -Open AI
2015
Open AI was founded by Sam Altman, Reid Hoffman, Greg Brockman, Peter Thiel, Amazon Web Services, Infosys, and YC Research. It was announced with a $1 billion pledge from investors.
2016
Launched its first product, Open AI Gym, a source toolkit for learning. In December 2016, Open AI was released, a platform for agent training.
2017
The American Artificial Intelligence Organization introduced a groundbreaking model with 117 million parameters capable of generating diverse texts.
2018
Rented 128,000 CPUs and 256 GPUs from Google for weeks to train its Dota 2 Bots to OpenAI 5.
2019
- In February, Open AI opted not to release GPT-2, a fake GPT due to concerns about potential misuse.
- In March 2019, Sam Altman left Y Combinator to focus on his work at Open AI and become its CEO.
- On March 11, 2019, Altman introduced Open AI LP; it was introduced as a ‘capped-profit’ LP.
- On November 5, 2019, Open AI released its final version of GPT-2, one of the biggest models with 1.5 billion parameters.
2020
- ChatGPT’s parent company, Open AI, was headquartered in the San Francisco Mission District.
- In June 2020, Open AI announced GPT-3, a subsequent model trained from the millions of words on the internet.
2021
- On January 5, 2021, Open AI introduced DALL-E, a learning language model generating images from natural language descriptions
- The same year, it launched Codex, an AI-powered tool adapted for programming languages like Python, Java, and Code X.
- In May 2021, a total of $100 million was funded.
- On May 26, 2021, they raised $100 million in a single venture fund.
- In July 2021, they made an additional investment of $2 billion.
- Between 2021 and 2022, many renowned capital firms, including Bedrock Capital, Sequoia Capital, Andreessen Horowitz, Tiger Global Management, and Matthew Brown Companies. It also valued between $14 billion and $20 billion.
2022
- Open AI launched the preview of ChatGPT based on model 3.5.
- In the same year, they reported a staggering loss of $540 million in 2022. It generated $28 million in review.
2023
- Open AI Global LLC discussed its funding that could value the company at $29 billion.
- In January 2023, the American multinational corporation, Microsoft, announced a $10 billion investment in the Open AI Global LLC.
- In the same year, Open AI released GPT-4 as an API and a feature of ChatGPT Plus.
2024
- On February 15, 2024, Open AI announced a text-to-video model, Sora. However, the release dates are not relieved
- On May 19, 2024, an integration of Reddit and Open AI was announced that will showcase Reddit’s content on Open AI Chat GPT.
- Three days later, Open AI also announced its collaboration with newspapers like The Wall Street Journal, the New York Post, The Times, and The Sunday Times.
- On June 10, 2024, Apple Inc. announced bringing AI features to its device with the help of Open AI.
- In July 2024, a media house reported that Open AI is working to develop an unnamed project code named Strawberry. Reportedly, it is expected to garner higher technology and deeper research.
What Is GPT 5?
GPT 5 is the forthcoming model of the Open AI series of generative pre-trained transformers, a type of AI that releases updates every two or three years.
It also fits with the incremental improvements and is seen with the GPT-4 and GPT-4 turbo.
What Are the Expected Release Dates of ChatGPT-5?
Sam Altman, the CEO of Open AI, at the Aspean Media Festival, gave an estimation of the upcoming model. When asked about the release dates of GPT-5 that took place in July 2024, Sam answered, “We Don’t Know Yet.” He further explained, “I expect it (GPT-5) to be a significant leap forward.
What Will Be the Differences Between ChatGPT 4 and ChatGPT 5?
Similar to how GPT-4 had alike features with its predecessor, the next version is expected to have major similarities. While there are no updates confirmed by Open AI, the predictions of what to expect from GPT-5 are sourced from insider interviews and Trends from the competitor, LLM.
Is GPT 5 Smarter?
While GPT-4 was called the “dumbest model” introduced by Open AI, the upcoming model is said to be smarter.
At the World Government Summit, Altman scored that the biggest leap from GPT4 to GPT5 will be more simple and intelligent. He explained, “What makes these models so magical is that they’re general. “It’s going to be smarter, so it’s going to be better at everything across the board.
There is a list of features expected such as multimodal and speed. Meanwhile, according to Altman, a more intelligent model will improve all the existing features of the current LLM.
Advanced Features Expected From the Upcoming AI Model
Increased Reliability
Reliability will be one of the core focus of AI and Generative Pre-Trained evolution for the next two years. For instance, if you ask GPT-4 most questions 10,000 times, one of those 10,000 responses will probably be pretty good, but it doesn’t always know which one, and you’d like to get the best response of 10,000 each time; hence, the increase in reliability will be important.
Accelerated Reasoning Abilities
The new AI model will have an improved reasoning ability.
Right now, GPT-4 has limited reasoning ability.
While there is no shortage of users posting how GPT-4 has poor ability, the newer version will understand the context and have greater problem-solving than GPT-4.
Additionally, if the reasoning ability goes too far, GPT will finally be able to answer riddles.
Improvement Multimodality
In the initial features of GPT, multimodality has been an iteration of GPT. However, Open AI shows zero signs of slowing it down.
In May 2024, Open AI introduced GPT-4 which brought increased text, voice, and skills. The changes in multimodality generated huge shifts in how we engage with GPT. The natural conversation flow interprets the tonal changes and follows the human-like patterns.
Increased Parameter Size
In each update, Open AI accelerates the parameter, and the next generation will have no exception. In an application transformer like GPT, the transformers have weight biases and other parameters.
While keeping the parameter sizes under wraps, the increased parameter, attention mechanisms, and embedding matrices are the expected updates in GPT 5.
Improved Customization
GPT-4 is a one-stop line for all the advanced work. However, future implementations will be more personalized. In a guest appearance at Gate’s podcast, Altman explained how personalization and alteration will be the main keys to the future Open AI models. His statement read, “People want very different things out of GPT-4: different styles, different sets of assumptions.”
Besides, Open AI has already introduced a custom GPT for specific things that were made custom things earlier like teaching a board game and helping students do their homework.
What Data for Training Will Be Used by GPT-5?
GPT-5 will continue to use the millions of information they collect via search engines. The models like GPT-4 are trained via internet information, and many of them were copyrighted. Owing to the unauthorized use of data, Open AI has been exposed to several legal actions and complaints, including a lawsuit from The New York Times, a lawsuit from a series of US Agencies, and a claim that the training process has violated the EU General data protection.
What Is the Price of ChatGPT 5?
In a standard case where Open AI continues with the standard process model, the to-be-released will cost a premium.
As of 2024, GPT-4 is available for use with a payment of $20/month. Meanwhile, ChatGPT with 3.5 is free.
According to API pricing, GPT costs $30,000 million in input tokens and $60 million. If the new model is powerful, prices will be higher than the previous GPT model.
Wrapping Up
The next generation of large language models’ interaction with AI will increase in our daily lives. Brad Lightcap, the COO of Open AI at Bloomberg Tech Conference mentioned how companies will revolutionize human-computer interaction by taking GPT from LLM for agent-like capabilities.
In the above-mentioned guide to GPT-5, we have briefed everything about the upcoming model, including its release dates, cost, and features.
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