logo
India may become our largest market, says CEO Altman as OpenAI launches GPT-5

India may become our largest market, says CEO Altman as OpenAI launches GPT-5

Time of India3 days ago
New Delhi: India, currently
OpenAI
's second-largest market, could soon become its largest globally, CEO
Sam Altman
said on Wednesday as the company unveiled its next-generation model,
GPT-5
, which will be available free to all users.
Hailing India as an "incredibly fast-growing" market, Altman noted the remarkable pace at which Indian citizens and businesses are adopting
Artificial Intelligence
(
AI
).
"India is our second-largest market in the world after the US, and it may well become our largest market. It's incredibly fast-growing, but what users are doing with AI, what citizens of India are doing with AI, is really quite remarkable.
"We're especially focused on bringing products to India, working with local partners to make AI work great for India and make it more affordable for people across the country. We've been paying a lot of attention here given the rate of growth and I am excited to come for a visit in September," Altman said during a media briefing.
OpenAI on Thursday announced the launch of GPT-5, describing it as its "best model yet for coding and agentic tasks".
"We're releasing GPT-5 in three sizes in the API -- gpt-5, gpt-5-mini, and gpt-5-nano -- to give developers more flexibility to trade off performance, cost, and latency. While GPT-5 in
ChatGPT
is a system of reasoning, non-reasoning, and router models, GPT-5 in the API platform is the reasoning model that powers maximum performance in ChatGPT.
"Notably, GPT-5 with minimal reasoning is a different model than the non-reasoning model in ChatGPT, and is better tuned for developers. The non-reasoning model used in ChatGPT is available as gpt-5-chat-latest," OpenAI said in a blogpost.
The new model is a major upgrade over its predecessor, GPT-4, and represents a "pretty significant step" toward
Artificial General Intelligence
(AGI), Altman said.
"GPT-5 is really the first time that I think one of our mainline models has felt like you can ask a legitimate expert, like a PhD-level expert, anything... We wanted to simplify it and make it accessible. We wanted to make it available in our free tier for the first time," he said.
Nick Turley, head of ChatGPT, added that the new model significantly improves understanding across more than 12 Indian languages.
"GPT-5 significantly improves
multilingual understanding
across over 12 Indian languages, including regional languages. So that's really exciting because as Sam mentioned, India is a priority market for us," Turley said.
The rollout of GPT-5 began on August 7 for free, Plus, and Pro users, with Enterprise and Education users gaining access a week later.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Indian Rupee Strengthens Against Us Dollar Despite Tariff Concerns
Indian Rupee Strengthens Against Us Dollar Despite Tariff Concerns

India.com

timea few seconds ago

  • India.com

Indian Rupee Strengthens Against Us Dollar Despite Tariff Concerns

New Delhi: The Indian rupee opened stronger on Monday, amid additional 25 per cent tariff proposed by US President Donald Trump on India, which is set to take effect from August 27. The rupee likely inched up higher on optimism that the Russia-Ukraine war will end following the upcoming US-Russia negotiations on August 15, leading to removal of additional tariffs on India. The local currency opened 13 paise stronger at 87.53 against the US dollar up from 87.66 on Friday. The immediate trading range is expected to be between 87.25 and 87.80, according to analysts. The Indian rupee was expected to open with small gains today at 87.51, while markets are awaiting US and domestic inflation data. Indian markets are focused on domestic CPI and WPI inflation data, set to be released on August 12 and August 14. Additional tariffs, if implemented, are expected to put pressure on the Indian rupee against the US dollar in the short term due to reduced export revenues, capital outflows, and inflationary pressures. US' new tariffs on India are expected to affect sectors such as textiles, leather, and seafood. India sharply criticised the tariffs, calling it "unfair and unreasonable". US has singled out India for the harshest tariff rate of 50 per cent, compared to 30 per cent for China and 15 per cent for Turkey, despite all three countries importing Russian oil. Brent oil prices dropped to $66.25 per barrel in Asian trade on Monday morning, continuing last week's significant declines as traders anticipated upcoming talks between Russia and the US will ease the Ukraine conflict. China released soft inflation data and economic indicators in July, indicating that the economy was recovering slowly, leaving oil markets largely pessimistic about future demand. FII selling persisted during the week in Indian equity markets, indicating broader risk aversion in emerging markets. However, ongoing purchases by DIIs helped mitigate losses.

OpenAI to give employees ‘special' million-dollar bonuses amid AI talent wars
OpenAI to give employees ‘special' million-dollar bonuses amid AI talent wars

Indian Express

timea few seconds ago

  • Indian Express

OpenAI to give employees ‘special' million-dollar bonuses amid AI talent wars

OpenAI has announced a 'special one-time award' to its AI researchers and engineers across several departments, including applied engineering, scaling, and safety. The bonuses were announced a day before the Microsoft-backed AI startup unveiled GPT-5, its latest and most advanced large language model (LLM). Over 1,000 OpenAI employees are eligible for the bonus, according to a report by The Verge. While the exact bonus amounts are not known, it will likely depend on the role and seniority of qualified employees with the highest million-dollar payouts reportedly going to OpenAI's prized AI researchers, who already draw salaries worth millions of dollars every year. The engineers, on the other hand, will reportedly receive bonuses amounting to hundreds of thousands of dollars on average, the report said. However, these bonuses are not likely to be paid out at once. Instead, it will be disbursed over the next two years with qualified workers having the option to receive the money in OpenAI stock, cash, or both. 'As we mentioned a few weeks ago, we have been looking at comp for our technical teams given the movement in the market,' OpenAI CEO Sam Altman was quoted as saying by The Verge. 'We very much intend to keep increasing comp as we keep doing better and better as a company. But we wanted to be transparent about this one since it's a new thing for us,' he added. This is reportedly the first time that OpenAI has offered bonuses to such a large number of employees (about one-third of the company's full workforce). The move comes against the backdrop of a rapidly intensifying war for AI talent. Several companies have poached OpenAI researchers with lucrative offers, and Meta has led the charge. Since the one-time special bonus does not apply to all employees, OpenAI risks losing more workers, who may feel overlooked, to other companies. Mark Chen, OpenAI's research officer, has previously likened Meta's aggressive poaching spree to a home invasion. Shengjia Zhao, one of the creators of ChatGPT, was recently named as the chief scientist of Meta Superintelligence Labs (MSL). Besides Meta, Elon Musk's xAI has also reportedly been making aggressive offers to lure away OpenAI's top talent. Thinking Machines, an AI rival lab started by ex-OpenAI CTO Mira Murati, also comprises several of OpenAI's technical staff. Meanwhile, OpenAI also reportedly plans to allow current and former employees to cash out with millions by selling their vested stock to investors. The ChatGPT-maker is currently valued at $300 billion. However, Altman has reportedly said that employees might be able to sell at a much higher share price than the current $274 per share at a higher valuation of $500 billion, according to a report by Bloomberg.

OpenAI restores GPT-4o to ChatGPT Plus after user backlash over removal
OpenAI restores GPT-4o to ChatGPT Plus after user backlash over removal

Business Standard

timea few seconds ago

  • Business Standard

OpenAI restores GPT-4o to ChatGPT Plus after user backlash over removal

Sam Altman confirmed GPT-4o will return to ChatGPT Plus after its removal during GPT-5 rollout sparked backlash from users OpenAI chief Sam Altman has confirmed that GPT-4o will return to ChatGPT Plus shortly after its removal during the GPT-5 rollout. The decision follows widespread user backlash, with many expressing emotional attachments to the model. 'We for sure underestimated how much some of the things that people like in GPT-4o matter to them, even if GPT-5 performs better in most ways,' Altman posted on X (formerly Twitter). He later added, 'We will let Plus users choose to continue to use 4o.' Why GPT-4o was removed OpenAI launched GPT-5, GPT-5 Thinking, and GPT-5 Thinking Pro on August 7, replacing all earlier ChatGPT models, including GPT-4o. Many users lamented the change, with one describing the loss as 'like killing a friend of millions of users.' Models replaced by GPT-5 included: GPT-4o GPT-4.1 GPT-4.5 GPT-4.1-mini o4-mini o4-mini-high o3 o3-pro When older conversations are reopened, ChatGPT now switches them to the nearest GPT-5 equivalent — for example, chats using GPT-4o or GPT-4.1 default to GPT-5, except for Plus users. What's new in GPT-5 OpenAI describes GPT-5 as its most advanced AI system, excelling in coding, mathematics, writing, healthcare, and visual understanding. It adapts its pace depending on context — delivering quick replies when speed is essential and detailed output when depth is needed. Key updates include: Unified system: GPT-5 merges previous versions into one model with an upgraded reasoning engine, GPT-5 Thinking. Improved performance: Notable gains in writing, coding, and health queries, with fewer inaccuracies. Personalities: Four new optional personalities — Cynic, Robot, Listener, and Nerd. Voice mode: Now works with custom GPTs, with lifted or expanded limits for paid and free users, plus dynamic speaking instructions. Why GPT-4o is coming back Despite GPT-5's improvements, many users said GPT-4o felt more relatable and consistent in conversations. Altman's decision to restore it for Plus subscribers acknowledges this emotional bond, giving users the option to keep using a model they trust. First Published: Aug 11 2025 | 10:55 AM IST

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store