
Hyperbolic Co-founder and Chief Technology Officer Yuchen Jin on Sunday said that OpenAI plans to release an open-source artificial intelligence model next month that reportedly outperforms existing ChatGPT options, potentially intensifying competition with Meta Platforms Inc. (NASDAQ:META).
What Happened: “Sorry to hype — but having a few friends at OpenAI makes it hard not to hear how wild their open-source model dropping next month is,” Jin wrote on social media platform X . “It won’t run on a phone, but let’s just say it edges out one of the models in the ChatGPT dropdown. Meta’s gonna need some time to catch up.”