OpenAI and Meta are on the verge of releasing new AI  models which the companies claim to have capabilities in ‘reasoning’ and ‘planning.’

The executives of OpenAI and Meta have hinted at the impending launch of their latest large language models, with these models serving as the backbone for various generative AI applications, including the ChatGPT and Llama.

Meta is gearing up to unveil Llama 3 in the coming weeks, while OpenAI, supported by tech giant Microsoft, is preparing to introduce the GPT-5 model in the near future.

“We are hard at work in figuring out how to get these models not just to talk, but actually to reason, to plan… to have memory,” said Joelle Pineau, Vice President of AI Research at Meta.

Similarly, Brad Lightcap, chief operating officer of OpenAI, shared insights into the advancements of the upcoming GPT model. He highlighted the progress made in addressing complex challenges such as reasoning, paving the way for AI to tackle more sophisticated tasks in a nuanced manner.

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Talking to the Financial Times, he said: “We’re going to start to see AI that can take on more complex tasks in a more sophisticated way.

“I think we’re just starting to scratch the surface on the ability that these models have to reason.”

Today’s AI systems are “really good at one-off small tasks”, Lightcap added, but were still “pretty narrow” in their capabilities.

While current AI iterations excel in handling one-off small tasks, they often struggle with complex questions and long-term retention of information. Addressing these limitations is essential for propelling AI towards artificial general intelligence – whether that’s something we should be striving for is different question altogether.