OpenAI launched GPT-5 on Thursday. The much-anticipated next generation of its generative AI technology is the same system behind the popular ChatGPT chatbot. The new model is now available to all 700 million ChatGPT users, according to the company.
The release arrives at a critical juncture for the Artificial Intelligence (AI) industry. Tech giants such as Alphabet, Meta, Amazon, and Microsoft, which backs OpenAI are collectively expected to pour nearly $400 billion into AI-related infrastructure this fiscal year. Much of that is aimed at fuelling data centres powerful enough to handle advanced models like GPT-5.
And here's the rub: while consumer interest in ChatGPT remains sky-high, enterprise adoption is still lagging behind.
"Business spending on AI has been pretty weak," said economics writer Noah Smith. "Consumer love for ChatGPT isn't enough to justify the billions going into AI data centres."
To win over businesses, OpenAI is touting GPT-5's capabilities in software development, healthcare, and finance. CEO Sam Altman claimed the new model performs like a "PhD-level expert" and can instantly generate full-fledged software applications from natural language prompts.
"One of the coolest things it can do is write you good instantaneous software," Altman said. "This idea of software on demand is going to be one of the defining features of the GPT-5 era."
Demonstrations showcased GPT-5's ability to handle complex coding tasks and generate functional applications from simple user input, a concept OpenAI calls "vibe coding."
Meanwhile, OpenAI is reportedly in early talks to allow employees to cash out shares at a $500 billion valuation, up sharply from its current $300 billion mark. In an industry where top AI researchers can command $100 million signing bonuses, expectations are sky-high.
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Iran's Revolutionary Guards Navy said a Togo-flagged oil tanker was struck while attempting to make an “illegal passage” through the Strait of Hormuz, Iranian state media said early on Friday.
Saudi civil defence sent an all-clear on Saturday after issuing alerts for a second time for potential danger in Riyadh and the city of Al-Kharj east of the capital, amid an uptick in attacks by Iran-aligned Houthis on the Gulf country.
The European Union will disburse €3.3 billion ($3.8 billion) to Ukraine for missiles and drones, European Commission President Ursula von der Leyen said after a phone call with Ukrainian President Volodymyr Zelenskyy.
Houthi attacks target Riyadh amid concerns over Saudi oil supplies, as Iran says it will not reopen the Strait of Hormuz until its conditions are met and U.S. commitments are implemented, parliament speaker Mohammad Bagher Ghalibaf said on Sunday.
The U.S. State Department approved a $2.7 billion military sale to Ukraine for air-defence development upgrades, along with related equipment and services, the department said. Meanwhile, Ukrainian authorities reported at least 10 people had died in Russian attacks over the last 24 hours.
German voters cast ballots on Sunday in two state elections that could add to the political pressure on Chancellor Friedrich Merz, as his government faces growing public frustration and a resurgent far right.
Iraq has returned restricted airspace across the western part of the country to civilian authorities, ending limits imposed for military operations against Islamic State since 2016, the Transport Ministry said.
Denmark and Greenland have moved to reassure the public that their sovereignty will remain intact under a new security agreement with the United States.
World leaders are set to gather at the United Nations General Assembly in New York for several days of high-level debate, with Iran, Ukraine, artificial intelligence (AI) and a range of global crises expected to dominate discussions this week.
Ed Sheeran has broken his silence on the controversy surrounding his U.S. tour, apologising for decisions made after rapper Macklemore was removed from the line-up over his public support for Palestine.
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