Exciting news! OpenAI, the creator of ChatGPT, is gearing up to launch a new open-source language model, according to The Information.
As the demand for open-source alternatives to ChatGPT grows, companies like Facebook Meta have already released their own large language models (LLMs) for researchers.
OpenAI, backed by Microsoft, hasn't released open-source models since 2019. But with Meta's powerful models making waves, it could motivate Google and OpenAI to unveil more advanced publicly available software.
Despite the anticipation, it's unlikely that OpenAI will release a model better than its proprietary one, which it currently offers for commercial use.
Last month, OpenAI secured $300 million in funding, attracting investments from prominent firms like Tiger Global, Sequoia Capital, and Andreessen Horowitz. Microsoft's separate $10 billion investment in OpenAI earlier this year is also noteworthy. Exciting times ahead!