National Economy
Friday, September 19, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home News

OpenAI Launches GPT-5 As ChatGPT Hits 700m Users

by Ngozi Ibe
1 month ago
in News
Reading Time: 1 min read
OPENAI
Share on FacebookShare on TwitterShare on Telegram

OpenAI has officially unveiled GPT-5, its most advanced AI model to date, coinciding with ChatGPT’s weekly user base surpassing 700 million globally. Marketed as OpenAI’s “smartest, fastest, most useful model yet,” GPT-5 represents a significant leap in embedding AI intelligence into core business operations.

The company highlighted major improvements in reasoning, accuracy, speed, and structured thinking. Several large organisations, including BNY Mellon, California State University, Figma, Intercom, Lowe’s, Morgan Stanley, SoftBank, and T-Mobile, have already begun deploying GPT-5-powered tools across departments.

More than 5 million users subscribe to ChatGPT’s business products, according to OpenAI. Sean Bruich, Senior Vice President of AI & Data at Amgen, praised GPT-5 for its increased accuracy and ability to navigate complex contexts with higher reliability.

Key upgrades include faster, more precise responses; improved understanding of context and ambiguity; advanced reasoning; and enhanced API performance for agent-based applications. These features make GPT-5 ideal for critical business uses such as coding, customer engagement, research, and enterprise decision-making.

You May Like

NGX: Market Rebounds As Capitalisation Crosses N90trn

Customs Tasks Promoted Officers On Revenue, Compliance

GPT-5 is now available to ChatGPT Team customers, with Enterprise and Education clients gaining access next week. Developers can also use the model via the live OpenAI API. A premium GPT-5 Pro version, offering deeper reasoning and more reliable outputs, is slated for imminent release.

The launch comes amid escalating investments by leading AI firms — Alphabet, Meta, Amazon, and Microsoft — which together expect to spend nearly $400 billion this fiscal year on AI infrastructure. OpenAI itself is reportedly negotiating employee cash-outs at a $500 billion valuation, up from $300 billion, with top AI talent commanding $100 million signing bonuses.

Tags: OpenAI
ShareTweetShare
Previous Post

Nigeria Customs, SON Fix B’Odogwu Platform Glitch Impacting Imports

Next Post

FG To Complete N80bn Alau Dam Upgrade 2027

ANOTHER GOOD READ

NGX Records N22.9bn Turnover
News

NGX: Market Rebounds As Capitalisation Crosses N90trn

2 hours ago
Lagos Customs Command Adopts Digitisation To Ensure Real-time Transaction
News

Customs Tasks Promoted Officers On Revenue, Compliance

2 hours ago
Supreme Court Affirms Governor Aiyedatiwa’s Victory, Ends Prolonged Legal Battles
News

Supreme Court Affirms Governor Aiyedatiwa’s Victory, Ends Prolonged Legal Battles

10 hours ago
Renewed Hope Agenda: *Group Passes Vote Of Confidence On Tinubu’s Minister, Imaan Sulaiman-Ibrahim*
News

Renewed Hope Agenda: *Group Passes Vote Of Confidence On Tinubu’s Minister, Imaan Sulaiman-Ibrahim*

1 day ago
SEREC Links Steel Industry’s Decline To Poor Ports Infrastructure
News

SEREC Links Steel Industry’s Decline To Poor Ports Infrastructure

4 days ago
Nigeria, Others To Brainstorm On Sustainable Energy Goals
News

Nigeria, Others To Brainstorm On Sustainable Energy Goals

4 days ago
Next Post
FG To Complete N80bn Alau Dam Upgrade 2027

FG To Complete N80bn Alau Dam Upgrade 2027

Most Recent

Federal Gov’t Approves ₦142bn For Bus Terminals In 6 Geopolitical Zones

FG Sets Dec. 31 Deadline For Mining Firms On Community Development Agreements

September 19, 2025
NGX Records N22.9bn Turnover

NGX: Market Rebounds As Capitalisation Crosses N90trn

September 19, 2025
Lagos Customs Command Adopts Digitisation To Ensure Real-time Transaction

Customs Tasks Promoted Officers On Revenue, Compliance

September 19, 2025
Regulator Bars Insurtech From Insuring Oil & Gas Sector, Others

NAICOM Commends Brokers On Compliance, Professionalism

September 18, 2025
CBN Cautions Public On Impersonation , Fraud Risks

CBN Reiterates Commitment To Inclusive Growth, Price Stability At Kaduna Fair

September 18, 2025
Pension Operators Sensitise Young Professionals On Cancer Awareness

FG Inaugurates Pension Council

September 18, 2025
Supreme Court Affirms Governor Aiyedatiwa’s Victory, Ends Prolonged Legal Battles

Supreme Court Affirms Governor Aiyedatiwa’s Victory, Ends Prolonged Legal Battles

September 18, 2025
Nigeria’s Energy Transition Gains Boost As Lighting Expo Opens In Lagos

Nigeria’s Energy Transition Gains Boost As Lighting Expo Opens In Lagos

September 18, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy