Recent advances are intensifying the competition between companies for the edge in new technologies.
OpenAI unveiled the achievements of its flagship model of artificial intelligence, increasing the competition with Google and other large technology groups seeking a breakthrough in this field, writes the Financial Times.
At Monday’s event, the San Francisco-based startup didn’t unveil the much-anticipated new model, but it did show off a number of improvements to its GPT-4 model, including the ability to interpret voice, video, images, and code in a single interface.
“The update, called GPT-40, provides the same level of intelligence as GPT-4, but is much faster and improves the ability to work with text, images and sound,” said chief technical officer Meera Murati, and demonstrated real-time voice translation in various languages.
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According to the publication, after that, shares of the language learning tool Duolingo fell by about 5%.
The update comes a day before Google’s annual developer conference, which is expected to see a series of AI-related announcements that will heighten the fierce battle between leading companies to create models that can interpolate text, images, audio and code, and also perform certain tasks autonomously.
According to Murati, the timing of the event was coincidental, and her team “has no idea what Google is doing.” The updates announced on Monday will “change the paradigm” of human-machine interaction, she added.
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The company will offer its new model for free.
OpenAl has been setting the pace in the race to build super-powerful AI systems since launching its ChatGPT chatbot in November 2022, and its early dominance in the field has boosted its valuation to more than $80 billion.
Sam Altman, co-founder and CEO of OpenAI, said that the company’s next AI model will be “significantly better” than GPT-4. The new model was expected to be launched in the first half of 2024. According to Murati, OpenAI will likely share the GPT-5 update “at some point in 2024,” though she did not specify when exactly.
Meanwhile, startups including Anthropic and Mistral, as well as tech giants Google and Meta, are trying to narrow OpenAI’s lead by developing AI tools that can perform complex tasks and generate lines of code, text, or images.
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