ChatGPT 5 release date: New features, price, parameters, and GPT-5 vs 4 [Updated]

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About a year ago, when OpenAI introduced its GPT-4 AI model, it sparked a lot of excitement and concern about its capability to mimic human communication and writing.

Ever since then, the main question in the field of AI has been: “When will GPT-5 be released?

Whenever Sam Altman is interviewed or makes media appearances globally, people often ask him this question.

He typically responds with a playful or indirect answer, occasionally hinting at exciting developments in the pipeline.

Now finally we got some undisclosed information from two people (identity is not disclosed – maybe that was the deal :D) who talked to the top leaders of OpenAI about the expected release date and time of GPT-5.

But before knowing the expected release date we should understand what is ChatGPT-5, training data, and much more.

What is ChatGPT 5?

GPT stands for Generative Pre-trained Transformer, an AI engine developed and fine-tuned by OpenAI to drive various iterations of ChatGPT.

GPT-5 uses a sophisticated architecture of neural networks that work in parallel, allowing it to efficiently analyze long sequences of information.

With GPT-4, the AI chatbot can deliver responses that are remarkably human-like and is even capable of recognizing and generating images and speech.

Its successor, GPT-5, is anticipated to provide improved personalization, fewer errors, and the ability to handle a broader range of content, potentially including video in the future.

What to expect from ChatGPT-5?

Similar to its previous version, GPT-5 (or whatever name it adopts) is anticipated to be a multimodal large language model (LLM) capable of processing text or encoded visual input, known as a “prompt.”

Like GPT-4, GPT-5 will function as a next-token prediction model, providing its best prediction for the next token, which could be a fragment of a word, in a sequence. This functionality enables tasks like sentence completion or code generation.

When set up appropriately, GPT models can drive conversational chatbot applications like ChatGPT.

Video source: Lex Clips

Sam Altman emphasized that one of the key advancements of GPT-5 will be its capability to leverage personal data, such as understanding emails, calendar information, appointment preferences, and integrating with external data sources.

Multi-modal AI is engineered to learn from and utilize a diverse range of content types, including images, audio, video, and numerical data.

OpenAI has indicated that GPT-4 is a multi-modal model, capable of processing both text and image inputs.

However, it is currently limited to generating outputs solely in text format. GPT-5 is expected to leverage more data during training, potentially leading to further advancements in its multi-modal capabilities.

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ChatGPT-5 is currently in training

Large language models (LLMs) like ChatGPT crafted by OpenAI undergo training using vast datasets collected from the internet and acquired from media companies.

This extensive training allows them to respond to user prompts in a manner resembling human interaction. However, the accuracy of the information provided by these models may vary based on the training data and their tendency to generate false information.

As per the report, OpenAI is currently in the process of training GPT-5 to understand natural language more easily.

Following completion of training, the model will undergo internal safety assessments and additional “red teaming” to detect and address any potential issues before its public release.

If ChatGPT-5 can enhance its ability to generalize (performing new tasks) while also reducing what’s known as “hallucinations” in the industry, it would mark a significant step forward for the company.

Will ChatGPT 5 be AGI?

Whether GPT-5 will achieve Artificial General Intelligence (AGI) is a hotly debated topic in the AI community.

But before understanding whether GPT-5 achieves AGI or not, First we should understand what is AGI.

What is AGI?

The term “AGI” doesn’t have a universally accepted definition. Typically, it refers to an Artificial Intelligence system demonstrating capabilities comparable to humans across various cognitive tasks.

These tasks include learning, reasoning, problem-solving, creativity, and understanding natural language.

GPT-5’s Potential

GPT-5 is anticipated to be notably larger and more potent than its predecessors in the realm of language models.

This enhanced scale holds the potential for significant advancements in its capacity to process and comprehend information.

Furthermore, there’s speculation that GPT-5 might possess multimodal capabilities, enabling it to handle various data types like text, images, and more.

Such capabilities could enhance its reasoning and grasp of the world, potentially closing in on the gap towards achieving Artificial General Intelligence (AGI).

Challenges and Limitations

AGI experts frequently emphasize the significance of embodiment, which involves having a physical presence and engaging with the environment for an AI to acquire genuine real-world understanding.

However, current language models, including large ones like GPT-5, are disembodied. Despite their immense scale and potential multimodality, these models primarily rely on extensive text and code datasets for training.

As a result, they lack the direct interaction with the physical world that is deemed crucial for achieving true real-world comprehension.

My opinion about GPT-5 achieving AGI

While GPT-5 will likely be a remarkable advancement in AI, its potential for achieving AGI remains uncertain because AGI is not expected to be a single, sudden invention, but rather a gradual process.

ChatGPT 5 vs 4

Here’s the full comparison between GPT-5 and GPT-4.

FeatureGPT-5GPT-4
Multimodal CapabilitiesFull multimodal capabilities allow the processing of speech, images, code, and videos.Limited to text processing only.
Hallucination ReductionEnhanced ability to reduce hallucinations.May exhibit hallucinations in responses.
Contextual UnderstandingImproved contextualization for more relevant and targeted responses.May provide less contextually relevant responses.
Modularity and CustomizationOffers higher modularity and customization for tailored user experiences.Customization options may be limited.
Multilingual SupportSignificantly extends language support for translation and content generation.Limited multilingual support.
Neural Network ArchitectureBased on an improved architecture with advances in attention-based models.Architecture may be less optimized.
Computational PowerIncreased computational capacity for handling large-scale tasks and data volumes.Limited computational power.
GPT-5 vs GPT-4

ChatGPT 5 parameters

GPT-5 is currently under development at OpenAI, and the company usually keeps model specifics confidential until official announcements are made.

For reference, GPT-3 boasted 175 billion parameters, and there has been a consistent trend of models growing in size with each iteration.

While OpenAI hasn’t disclosed the exact specifications of GPT-5, AI experts and enthusiasts often speculate based on trends in model sizes and the advancements in available computing power.

Estimates for ChatGPT-5’s parameters range from trillions to many trillions, indicating a significant leap in scale compared to its predecessors.

ChatGPT 5 price

As of now, OpenAI has not provided any official information regarding the pricing of ChatGPT-5.

However, based on speculation and comparison with ChatGPT Plus, the current subscription service offering enhanced access to ChatGPT at $20 per month, it’s conceivable that the pricing for GPT-5 could be higher.

Given the anticipated significant improvements in power and capabilities with GPT-5, it’s reasonable to expect that the pricing structure might reflect these advancements.

When will ChatGPT 5 be released?

According to a recent report, OpenAI plans to unveil GPT-5, an enhanced version of the AI language model behind ChatGPT, around mid-2024, possibly during the summer.

Two undisclosed sources familiar with OpenAI’s operations disclosed that certain business clients have been given demonstrations of GPT-5 and associated improvements to ChatGPT.

One CEO, who recently got a sneak peek at GPT-5, praised its quality, calling it “really good” and “significantly improved.”

OpenAI showcased the new model using examples and data specific to the CEO’s company. Additionally, the CEO hinted at other unannounced features, including the capability to deploy AI agents for automated tasks.

When questioned about the release date of ChatGPT-5, OpenAI representatives declined to provide specific comments.

However, they shared a segment of a transcript from CEO Sam Altman’s recent appearance on the Lex Fridman podcast. In this exchange, Altman suggests that the company is gearing up to launch a significant AI model this year.

Whether it will be named “GPT-5” or classified as a major enhancement to GPT-4 Turbo (or even an incremental update like GPT-4.5) remains uncertain.

Meanwhile, OpenAI is also working on two more projects, one is Sora and the other is an AI voice assistant. And according to some sources the company is also working on an AI search engine to compete with Google.

Conclusion

Certainly, it’s essential to acknowledge that the information provided in the report might not be entirely accurate, and various factors besides testing could affect the launch timing of GPT-5.

Therefore, it’s prudent to view this as a compelling rumor, although it does mark the first instance of a potential release date for ChatGPT-5 from a credible source.

Additionally, the revelation that GPT-5 is reportedly at a stage where it can undergo testing suggests that its primary training phase is likely finished.

However, further fine-tuning and enhancements are expected to continue.

FAQs

Does ChatGPT 5 exist?

OpenAI, the creators of ChatGPT, haven’t released a model called ChatGPT-5 yet. They may be working on it, but the latest public model is still based on GPT-3.

Is GPT-5 in development?

It seems highly probable that GPT-5 is currently under development. OpenAI’s CEO has acknowledged that the company is working on it, and considering their track record of consistently releasing more powerful language models, it’s reasonable to assume that GPT-5 is in the pipeline.

How do I access ChatGPT 5?

As of now, ChatGPT 5 has not been released by OpenAI, so it’s not accessible. While it’s likely in development. To stay informed about any updates regarding ChatGPT 5 or other developments from OpenAI, it’s recommended to keep an eye on the OpenAI blog.

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