According to Business Insider, an internal source from OpenAI has revealed plans to release a new chatbot model, GPT-5, in mid-2022. This means we can expect to see this new chatbot model in just a few months.
Reports indicate that some enterprise clients have already participated in testing GPT-5 along with the new tools from ChatGPT. The CEO of one company that has tested it mentioned that GPT-5 performs significantly better, with clear improvements. The version being tested is customized to suit organizational needs.
Currently, GPT-5 is still undergoing training. Once the training is complete, the next step will involve passing it on to the inner security evaluation team within OpenAI or the Red Team for further assessment and eventual public release.
Source: Business Insider
TLDR: OpenAI is set to unveil a new chatbot model, GPT-5, with some enterprise clients already testing and seeing significant improvements in its performance. The model is currently undergoing training and will be evaluated for security before a potential public release.
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