New report reveals 'materially better' GPT-5 coming this summer

Business Insider sources reveal OpenAI may be testing out another LLM model, GPT-5, to be released this summer

OpenAI's next large language module (LLM), GPT-5, is reportedly being developed and might launch this upcoming summer, sources from The Business Insider revealed.

Two anonymous sources have revealed that OpenAI is currently sending demos of the technology with updates, to its enterprise customers for testing. A CEO who had the opportunity to try out the demo said he was highly impressed with what OpenAI has developed.

With various features in the pipeline, one key function that has been leaked is an AI agent that can execute tasks independent of human assistance. Sources are currently claiming that OpenAI is still testing the model before it plans to release a launch date, especially after safety tests and red teaming for security flaws.

The last official update announcement regarding GPT-5 by the company, was in April 2023, where it quelled rumours that it has no plans to train another model in the immediate future.