The Latest Breaking News from OpenAI

UK chancellor Jeremy Hunt said the government plans to introduce tax incentives for UK-based small and medium-sized businesses (SMBs) as part of a broader set of plans to boost the UK's technology sector. Delivering the government's 2023 Spring Statement to the House of Commons on Wednesday, Hunt said the incentives…

It’s been a mere four months since artificial intelligence company OpenAI unleashed ChatGPT and — not to overstate its importance — changed the world forever. In just 15 short weeks, it has sparked doomsday predictions in global job markets, disrupted education systems and drawn millions of users, from big banks…

OpenAI's tool has been a huge hit since it's launch back in November 2022

The new chatbot is more sophisticated than its predecessor but still has some limitations

GPT-4, OpenAI's latest product, is bigger, smarter, and likely to be even more disruptive than its precessor.

The new model, GPT-4, is able to handle ‘much more nuanced instructions’ than its predecessor

GPT-4 capable of passing bar exam with a score in the top 10 percent of applicants, California-based firm says.

The improvements mean it can now respond to images and process up to 25,000 words

The chatbot will use OpenAI's latest GPT-4 technology to help financial advisers parse through the bank's data and research.

This latest update still "hallucinates" and makes up facts.

Latest version can take images as inputs and improves upon many of the criticisms users had, but will still ‘hallucinate’ facts