AI

OpenAI to Launch New AI Tool, MyShell Secures Funding

OpenAI is preparing to launch a new AI tool that is expected to surpass its current ChatGPT chatbot while MyShell secures funding to enhance its generative AI platform for creating chatbots and “AI girlfriends.”

At a glance

  • OpenAI is developing a new AI tool, potentially GPT-5, to surpass its current ChatGPT chatbot.
  • The official release date for GPT-5 is not disclosed, with safety tests expected before public availability.
  • OpenAI CEO expressed disappointment with GPT-4 and hinted at the launch of a new model this year.
  • Challenges in AI development include energy requirements, nuclear fusion potential, and infrastructure complexities.
  • MyShell, a generative AI platform, secured $11 million in funding. It offers diverse chatbot functionalities and incentives to creators with tokens.

The details

OpenAI is gearing up to introduce a revolutionary new AI tool this summer that is poised to outperform its current ChatGPT chatbot.

The upcoming model, potentially dubbed GPT-5, is presently undergoing testing by select business users, promising to enhance the capabilities of previous AI models and introduce new features like autonomous task performance.

Despite the excitement surrounding GPT-5, an official release date has not been revealed, and safety tests are expected to be carried out before it is made available to the public.

In a recent development

OpenAI CEO Sam Altman expressed disappointment with GPT-4, describing it as subpar.

However, during an appearance on the Lex Fridman Podcast, Altman hinted at the launch of an “amazing new model” this year without disclosing its specific name.

Altman also highlighted the significant energy requirements of artificial intelligence, suggesting that nuclear fusion could potentially address this issue.

While nuclear fusion is considered a coveted source of clean energy

Achieving it on a large scale remains a daunting task.

Altman further underscored the challenges involved in constructing data centers, managing supply chains, and producing chips to meet the computational demands of future AI advancements.

These hurdles emphasize the intricacy of developing next-generation AI technologies and the need for innovative solutions to tackle them.

Turning attention to MyShell, a generative AI platform that enables users to create text-based chatbots and “AI girlfriends,” the company recently secured $11 million in a pre-series A funding round from various investors.

Emerging from stealth mode last year, MyShell operates out of Singapore and Tokyo, providing users with the ability to interact with chatbots across platforms like Discord and Telegram.

The platform supports various modes of interaction, including text, audio, and animated video, with chatbots created by developers or other users.

By leveraging integration with OpenAI’s GPT-3.5/4 and its proprietary MyShell LLM model, users can engage with a diverse range of chatbot functionalities.

Notably, MyShell issues its own blockchain-based cryptocurrencies, Shell Coin, and $SHELL token as part of its ecosystem.

To create a chatbot on MyShell, users can register on the platform and access instructions through the “Workshop” tab.

MyShell incentivizes creators with tokens as rewards to encourage the development of new chatbot experiences.

The company’s revenue model includes charging creators for promotional services to boost visibility and engagement for their chatbots.

MyShell has facilitated the creation of “AI girlfriends” and user-generated chatbots inspired by copyrighted characters, in ad.

0dition to offering chatbots for translation, psychotherapy, fortune-telling, and other purposes.

With a user base exceeding a million registered users and 50,000 creators, MyShell aims to utilize its recent funding to advance its open-source foundational model and support the broader open-source community in propelling innovation within the AI landscape.

Article X-ray

Facts attribution

This section links each of the article’s facts back to its original source.

If you suspect false information in the article, you can use this section to investigate where it came from.

independent.co.uk
– OpenAI is planning to release a new AI tool this summer that will surpass the abilities of its ChatGPT chatbot
– The new model, potentially named GPT-5, is currently being tested by some business users
– GPT-5 is expected to enhance the capabilities of previous AI models and introduce new functions like autonomous task performance
– No official release date has been announced, and safety tests will likely be conducted before public availability
– OpenAI CEO Sam Altman criticized GPT-4, stating that it “kind of sucks”
– Altman mentioned on the Lex Fridman Podcast that an “amazing new model” will be released this year, but did not reveal the name
– Altman emphasized the significant energy requirements of artificial intelligence, suggesting that nuclear fusion could be a solution
– Nuclear fusion is considered a ‘holy grail’ of clean energy, but has not been achieved on a large scale yet
– Altman highlighted the challenges of building data centers, supply chain management, and chip fabrication in meeting the compute demands of next-generation AI.
venturebeat.com
– MyShell is a generative AI platform where users can create text-based chatbots and “AI girlfriends”
– The company recently raised $11 million in a pre-series A round from various investors
– MyShell emerged from stealth last year and is based in Singapore and Tokyo
– The platform allows users to interact with chatbots on Discord and Telegram
– Users can chat in text, audio, or animated video with bots created by developers or other users
– MyShell supports integration with OpenAI’s GPT-3.5/4 and its own MyShell LLM model
-The platform issues its own blockchain-based cryptocurrencies, Shell Coin and $SHELL token
– To create a bot on MyShell, users sign up on the platform and follow instructions in the “Workshop” tab
– MyShell offers tokens as rewards to incentivize creators of new chatbots
-The company plans to generate revenue through various sources, including charging creators for promoting their chatbots
– MyShell has promoted the creation of “AI girlfriends” and user-generated chatbots based on copyrighted characters
– The platform also features user-generated chatbots for various purposes like translation, psychotherapy, and fortune telling
– MyShell has over a million registered users and 50,000 creators
– The company plans to use the new funding to develop its open-source foundational model and support the open-source community.

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