GPT-5 MIGHT ARRIVE THIS SUMMER AS A “MATERIALLY BETTER” UPDATE TO CHATGPT

Summary from the TLDR newsletter

OpenAI is expected to release a major AI model, possibly GPT-5, sometime in mid-2024, likely during the summer. The new model will likely be a multimodel large language model with similar capabilities to GPT-4, but better. OpenAI is still reportedly training the model, after which it will go through internal safety testing to identify any issues before public release. Other issues, besides those that may come up from testing, may delay the launch.