As the company promised earlier, OpenAI just held its Spring Update event streamed live on YouTube. The CEO Sam Altman previously stated that it was something that he had "dreamed about," but didn't go into much detail. However, the company has finally pulled back the curtain on what it calls "GPT-4o," and we can finally see what he meant. And best of all, it's available to free users.

In the next demo, the presenters wrote out an equation and showed it to GPT-4o through a phone camera. The presenter asked GPT-4o to help them solve it, but not to give away the answer. Sure enough, GPT-4o guided the demonstrator through the procedure of solving a simple equation, much like how a good math teacher would. Plus, it even had an answer for the typical "When will I ever use this in real life?" question, explaining how quadratic equations can help us with everyday tasks.

The demonstrators also used the desktop version of GPT-4o to examine some code they had. Not only could GPT-4o explain what the code does, but it could tell what would happen if you tweaked specific parts of it. And the demonstrators showed that GPT-4o can act as a live translator, listening to two people speaking different languages and telling one person what the other said in their native tongue.

Usually, when OpenAI announces a new version of its ChatGPT model, it's locked behind a paywall. However, the company has decided to allow everyone to use this new technology, albeit paid users will have five times more capacity. The new technology will be rolled out in the next few weeks.

#OpenAI

OpenAI Responds to Growing Competition, Plans Release of Open-Source AI Model

OpenAI, the company behind #ChatGPT, is reportedly planning to release an open-source artificial intelligence (AI) model in response to growing competition from other open-source AI models. According to a report from The Information on May 16, #OpenAI is feeling the pressure from competing models, including those leaked from Meta earlier in February.

The exact timeline for releasing OpenAI's open-source model has not been disclosed. However, it is anticipated that this model will not directly compete with their flagship product, ChatGPT. OpenAI's primary value lies in selling access to their more sophisticated models, and the open-source offering is expected to have a different focus.

OpenAI has recognized the rise of open-source AI models as a significant challenge. Meta's LLaMa, which was leaked in full on 4chan, along with other models like those from Stability AI and Databricks' Dolly 2.0 AI, have intensified the competition in the field. Open-source models are gaining attention because they allow complete access to the underlying code, enabling customization and modification for specific purposes.

The trend of open-source AI models has attracted substantial funding as well. Together, an AI firm focused on open-source generative AI models, recently raised $20 million in a seed round backed by prominent figures in the crypto industry. This further highlights the growing interest and support for open-source approaches in AI development.

Even Google, a tech giant, has recognized the threat posed by open-source AI models. A leaked document from a senior software engineer at Google pointed out that open-source models have quietly surpassed the capabilities of proprietary models. The engineer highlighted that open-source models are faster, more customizable, more private, and generally more advanced in terms of performance.

In response to these developments, OpenAI seems to be gearing up to enter the open-source AI space with its own offering. By doing so, they aim to remain competitive and tap into the potential benefits that can arise from collaborations and contributions from external developers. However, their core business strategy will likely continue to revolve around selling access to their more sophisticated proprietary models.