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South China Morning Post
33 minutes ago
- South China Morning Post
OpenAI poised to release GPT-5 model days after launching 2 new open systems
San Francisco-based OpenAI hinted as much in an all-caps post on X that read: 'LIVE5TREAM THURSDAY 10 AM PT.' While there appeared to be a typo in the first word of that announcement, many of those who posted comments got the hint that the misplaced '5' could be about GPT-5. In a subsequent post on his personal X account, CEO Sam Altman did not address the speculation on GPT-5's release, but said the live-streaming session would be 'longer than usual, around an hour'. 'We have a lot to show and hope you can find the time to watch!' he added. The potential launch this week of GPT-5 – the latest iteration of the technology behind generative AI chatbot ChatGPT – would reflect a strong effort by OpenAI to finally release the product upgrade in the global market of large language models (LLMs), considering that GPT-4 was released in March 2023. In the meantime, open-source models from Chinese start-ups like DeepSeek and MoonshotAI , along with those from mainland Big Tech firms led by Alibaba Group Holding , have seen increased adoption in the industry on the back of their low-cost appeal and innovative features. Alibaba owns the South China Morning Post.
RTHK
an hour ago
- RTHK
ANA has high hopes for 'air taxis' by 2027
ANA has high hopes for 'air taxis' by 2027 A Joby Aviation electric air taxi flies near the Downtown Manhattan Heliport in Manhattan, New York City. File photo: Reuters Japanese airline ANA on Thursday said that, together with a US start-up, it hopes to have electric "air taxis" whizzing over Japan from as early as 2027. ANA and California-based Joby Aviation said they would establish a joint venture with a view to deploying more than 100 of the five-seater aircraft. Flying taxies will "revolutionise our air mobility", Koji Shibata, president and chief executive of ANA, said. An ANA spokesman said on Thursday that the aircraft, designed to carry a pilot and up to four passengers at speeds of up to 320 kilometres per hour, could be in service from as early as 2027. The project primarily envisages trips between Narita and Haneda airports and Tokyo, although the routes can diversify in the future. Currently, a car or train ride between central Tokyo and Narita typically takes an hour or longer, but Joby's five-seater can shorten this to around 15 minutes, ANA said. There are no price details yet, but ANA wants to make the service as affordable as possible for the general public, a spokesman said. ANA and Joby will make a public flight demonstration of the vehicles at the Osaka Expo in October. "Where ancient wisdom, legendary craftsmanship and soaring ambition converge – that's Japan", said JoeBen Bevirt, founder and CEO of Joby Aviation. "And that makes it an extraordinary launchpad for redefining the future of air mobility." Joby's aircraft lifts off like a helicopter, then transitions to fly forward like a plane "with minimal acoustic impact and zero operating emissions", according to the firm. In December, flying taxi startup Volocopter said it was filing for insolvency, days after another German company in the field, Lilium, was saved from collapse. Volocopter had been aiming to enter the market in 2025 with its two-seater "Volocity" electric air taxi model. It suffered a setback when it had to cancel test flights in Paris at short notice during the Olympics after the certification for its aircraft engine didn't come through in time. (AFP)
South China Morning Post
2 hours ago
- South China Morning Post
What's the hype about stablecoins?
Read more: Hong Kong is set to issue the first batch of stablecoin licences in early 2026 after the city's stablecoin ordinance took effect on August 1, 2025. The Post looks into what stablecoins are and their potential impact on the financial market.
