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ChatGPT stock photo installing app

Credit: Calvin Wankhede / Android Authority
  • OpenAI is said to be on track to release GPT-5 sometime in the middle of this year, likely during summer.
  • GPT is the large language model that powers ChatGPT, and GPT-5 could power the next big upgrade to ChatGPT.
  • Enterprise customers who have received demos of the latest GPT-5 model have responded positively to the update.

OpenAI’s ChatGPT has taken the world by storm, highlighting how AI can help with mundane tasks and, in turn, causing a mad rush among companies to incorporate AI into their products. GPT is the large language model that powers ChatGPT, with GPT-3 powering the ChatGPT that most of us know about. OpenAI has then upgraded ChatGPT with GPT-4, and it seems the company is on track to release GPT-5 too very soon.

According to a report from Business Insider, OpenAI is on track to release GPT-5 sometime in the middle of this year, likely during summer. Some enterprise customers are said to have received demos of the latest model and its related enhancements to ChatGPT, and they mention it to be “really good, like materially better.” These enterprise customers were showcased in a demo by OpenAI, which included use cases and data unique to the company.