In case you’ve been feeling like ChatGPT’s taking over too much, too fast, here’s another piece of news that might alarm you—Microsoft plans to release GPT-4 this week and it will be able to create videos.
This tidbit was revealed by Andreas Braun, Chief Technology Officer at Microsoft Germany, at a recent event titled AI in Focus — Digital Kickoff. GPT-4 will come with the ability to create AI-generated videos from simple text prompts.
Braun said OpenAI will introduce GPT-4 next week, and there will be multimodal models that offer completely different possibilities such as videos, reports Digital Trends (via Heise).
GPT-4 is said to be the next iteration of OpenAI’s Large Language Model (LLM), and it should be significantly more powerful than GPT-3.5, which underpins the current version of ChatGPT.
ChatGPT and other GPT-3.5-powered technologies can only offer text-based answers. It looks like all that is set to change with GPT-4. If you though YouTube was bad enough as it is right now, get ready for a barrage of clickbaity videos entirely generated by ChatGPT.
In other news, Microsoft’s AI-powered Bing search engine has surpassed 100 million daily active users, as ChatGPT’s integration into Bing has helped the company grow its usage within a month.
Meanwhile, Credit Suisse has proclaimed Microsoft as the top software stock in the market due to its gigantic bet in OpenAI. The tech giant recently poured another $10 billion into the ChatGPT creator.
Industry analysts calculate that this move could bring in an additional $40 billion in revenue and $2 in earnings per share over the next 5 years or so.