Artificial Intelligence: OpenAI Announces GPT-4

The new GPT-4 AI model is “multimodal” and can accept both images and text as inputs from the user.

OpenAI, backed by Microsoft (NASDAQ: MSFT), has announced the release of its latest AI model, GPT-4, which is capable of generating content in response to both text and image prompts, a capability described as “multimodal.”

The release of GPT-4 sets the stage for greater competition between Microsoft and Google. The model is expected to be integrated into Microsoft’s Bing search engine and used in Word processing software. (Moneycontrol)

OpenAI said in a blog announcing the new AI model: “While less capable than humans in many real-world scenarios, [it] exhibits human-level performance on various professional and academic benchmarks.”

Further, GPT-4 represents a significant improvement over its predecessor, GPT-3.5, and is said to be more reliable, creative, and capable of handling more nuanced instructions.

When GPT-4 was run on a simulation of the bar exam required of U.S. law school graduates before professional practice, its score ranked alongside the top 10% performers in the test. In comparison, GPT-3.5 scored on level with the lowest 10% of students.

Though GPT-4 was formally announced on March 14, it is already being used in Microsoft’s (NASDAQ: MSFT) Bing Chat, by fintech Stripe, and by Khan Academy for developing an automated tutor.

Related Story:  OpenAI Launches ChatGPT, A New Conversational AI System

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