OpenAI, a company backed by Microsoft and Google, made a significant update to its AI model, ChatGPT. The update includes improvements to the AI model, desktop version, and user interface, with the aim of expanding its use to more people. Mira Murati, OpenAI’s technology head, stated that the update allows for live streaming of the GPT-4 model to all users, including those who use the free version. She highlighted that GPT-4o is faster and has enhanced capabilities in terms of handling text, video, and audio.
According to Murati, this update marks a significant step forward in terms of ease of use for ChatGPT. OpenAI recognizes the importance of dominating the generative AI market and making a profit. As an $80 billion company, it invests heavily in processors and infrastructure to build and train its models.
The GPT-4o model is now capable of handling 50 languages more efficiently and effectively. OpenAI has also introduced an API that allows developers to build applications using ChatGPT. Murati mentioned that ChatGPT-4o is twice as fast and half as expensive as the previous Turbo version.
During a demonstration, OpenAI researchers showcased the model’s acoustic capabilities. They used it to relax before a lecture and requested it to assess their facial expressions to determine their emotions. The model’s ability to respond to auditory instructions was highlighted, with OpenAI claiming response times similar to human conversation.
ChatGPT Plus members will soon have access to Voice Mode, where the model can respond to auditory instructions in milliseconds. This feature aims to enhance user experience and make interactions with the AI model more conversational.
OpenAI demonstrated the model’s versatility by showcasing its ability to solve math equations and write code, outperforming Microsoft’s GitHub Copilot. This highlights the potential of AI models like ChatGPT in various industries and applications.
OpenAI’s COO, Brad Lightcap, revealed that over 20 companies built the ChatGPT tool in less than a year, making it one of the company’s most significant announcements since the launch of ChatGPT Enterprise in August.
The generative AI market is experiencing rapid growth, with companies across industries utilizing chatbots and agents to stay competitive. PitchBook reported a record $29.1 billion in generative AI deals in 2023, indicating a 260% increase from the previous year. It is projected that revenue in this market will surpass $1 trillion within a decade.
While there is excitement surrounding the advancements in generative AI, some industry participants and ethicists express concerns about the speed at which new services are deployed and the potential for technology bias.
ChatGPT has gained immense popularity since its launch in November 2022, boasting 100 million weekly active users. OpenAI claims that 92% of Fortune 500 companies are already utilizing the tool. The company aims to make the technology more accessible and transparent, stating that they will be rolling out these new capabilities to everyone in the coming weeks.
In conclusion, OpenAI’s recent update to ChatGPT, including the release of GPT-4o, offers enhanced capabilities and improved ease of use for users. The addition of Voice Mode and the model’s versatility in various tasks highlight its potential for real-world applications. However, as the generative AI market continues to grow rapidly, concerns regarding deployment speed and technology bias should be addressed to ensure ethical and responsible use of these technologies.