GPT-5 might arrive this summer as a “materially better” update to ChatGPT

launched its GPT-4 AI model a year ago, it created a wave of immense hype and existential panic from its ability to imitate human communication and composition. Since then, the biggest question in AI has remained the same: When is GPT-5 coming out? During interviews and media appearances around the world, OpenAI CEO Sam Altman frequently gets asked this question, and he usually gives a coy or evasive answer, sometimes coupled with promises of amazing things to come.

According to a new report from Business Insider, OpenAI is expected to release GPT-5, an improved version of the AI language model that powers ChatGPT, sometime in mid-2024—and likely during the summer. Two anonymous sources familiar with the company have revealed that some enterprise customers have recently received demos of GPT-5 and related enhancements to ChatGPT.

One CEO who recently saw a version of GPT-5 described it as “really good” and “materially better,” with OpenAI demonstrating the new model using use cases and data unique to his company. The CEO also hinted at other unreleased capabilities of the model, such as the ability to launch AI agents being developed by OpenAI to perform tasks automatically.