OpenAI is reportedly planning to launch a new AI model, codenamed 'Orion', by the end of the year. This model, also referred to as GPT-6, is expected to incorporate advanced reasoning capabilities and is designed to outperform the current GPT-4 model. 'Orion' is being trained using synthetic data generated by another internal project called 'Strawberry'. The release of 'Orion', anticipated in the fall, is expected to play a significant role in the future of AI development and its impact on the industry. Additionally, OpenAI is seeking to raise several billion dollars in funding to support its ongoing projects and maintain its competitive edge. Reports also suggest federal involvement with the new model.