OpenAI's CEO, Sam Altman, has made headlines by stating that the current iteration of ChatGPT, GPT-4, 'kinda sucks' in comparison to the company's future aspirations for the technology. Despite this, there is significant anticipation for the next version, GPT-5, which is currently in development. Early reports and previews suggest that GPT-5 is materially better than its predecessor, with improvements expected in reducing AI-generated inaccuracies, known as 'hallucinations.' The new model, which is set for a summer release, is also anticipated to enhance multimodal capabilities, allowing for broader applications in various fields. This development comes amid rapid advancements in AI video technology and multimodal AI systems, signaling a potential shift in how AI technologies are utilized across different sectors.