OpenAI is working on a new open-source AI model - The Information

The Information reported on Monday that OpenAI is preparing to release a new open-source language model to the public, citing a person with knowledge of the plan.

OpenAI's ChatGPT, which can generate prose or poetry on command, has gotten a lot of attention in Silicon Valley, as investors see generative AI as the next big growth area for tech companies.

Microsoft Corp (MSFT.O) announced a multibillion-dollar investment in OpenAI in January, strengthening its ties with the startup and paving the way for increased competition with rival Alphabet Inc's (GOOGL.O) Google.
Meta Platforms Inc (META.O) is now racing to catch up with competitors Microsoft and Google in developing generative AI products capable of producing human-like writing, art, and other content.

According to the report, OpenAI is unlikely to release a model that is competitive with GPT.

The company did not respond immediately to Reuters' request for comment.