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.
Iran’s President Masoud Pezeshkian has stated that Tehran is not pursuing a military conflict but promised a strong response to 'agg...
U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday, with Tehran responding by launching ballistic missiles at two U.S. bases...
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Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan have concluded talks in Bishkek, the capital of Kyrgyzstan, on the sidelines of the Shanghai Cooperation Organisation (SCO) summit.
Iran has reached an understanding with Oman on transit arrangements through the Strait of Hormuz, but the waterway will remain closed until the U.S. fulfils its commitments, a senior Iranian diplomat said on Saturday.
Iranian Foreign Minister Abbas Araghchi accused U.S. government and Israel-aligned actors of manipulating energy markets to promote the war with Iran.
Russian strikes on the Kyiv region overnight killed 37 people, Ukrainian President Volodymyr Zelenskyy has said. Zelenskyy added that the Ukrainian capital was under "virtually nonstop attack" from drones.
U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday, with Tehran responding by launching ballistic missiles at two U.S. bases in Jordan in the first direct U.S.-Iran military escalation in weeks.
Iran’s President Masoud Pezeshkian has stated that Tehran is not pursuing a military conflict but promised a strong response to 'aggressors' while the Army and Revolutionary Guards said they carried out retaliatory attacks against U.S. bases in the region on Monday.
Kyrgyzstan is hosting the sixth World Nomad Games, bringing together thousands of athletes from around the world for a celebration of traditional sports, cultural heritage and nomadic traditions.
Pakistan is set to take over the rotating chairmanship of the Shanghai Cooperation Organisation after the bloc’s leaders meet in Bishkek. Prime Minister Shehbaz Sharif arrived on Friday to attend the SCO Council of Heads of State meeting and SCO Plus Summit, which run until 2 September.
Israeli Prime Minister Benjamin Netanyahu has condemned the actions of Israeli settlers in the West Bank village of Qusra, saying security operations should be handled only by state institutions, including the army and police.
Rescue teams in Nepal, supported by Chinese and Indian experts, worked through the night to reach hundreds of people believed to be trapped inside blocked hydropower project tunnels following last week’s catastrophic Himalayan flood.
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