OpenAI is expected to release a 'materially better' GPT-5 for its chatbot mid-year, sources say

OpenAI is expected to release GPT-5, the next version of its ChatGPT model, sometime mid-year, likely in the summer.
Some enterprise customers have recently seen demos of GPT-5 and found it to be "materially better" than previous versions.
GPT-5 will have enhanced capabilities compared to previous models, such as the ability to call upon other AI agents being developed by OpenAI.
OpenAI is still training GPT-5 and will subject it to safety testing and a "red team" process before public release.
Sales to enterprise customers are OpenAI's main revenue stream as it builds out its business.
OpenAI previously released GPT-4 and GPT-4 Turbo, with the latter aimed at addressing issues of "laziness." - Large language models like ChatGPT can degrade depending on training data changes or other development work.
Some forums have complained about degradation in GPT-4 outputs.
OpenAI hopes GPT-5 will be more reliable and impress both the public and enterprise customers.
Most crucial training data for AI models is technically owned by copyright holders, which OpenAI and others have argued against updated rules regarding.