Important Takeaways:

• OpenAI and Meta are on the brink of releasing new artificial intelligence models that they say will be capable of reasoning and planning, critical steps towards achieving superhuman cognition in machines.
• Executives at OpenAI and Meta both signaled this week that they were preparing to launch the next versions of their large language models, the systems that power generative AI applications such as ChatGPT.
• Meta said it would begin rolling out Llama 3 in the coming weeks, while Microsoft-backed OpenAI indicated that its next model, expected to be called GPT-5, was coming “soon”.
• Because they struggle to deal with complex questions or retain information for a long period, they still “make stupid mistakes”, he said.
• Adding reasoning would mean that an AI model “searches over possible answers”, “plans the sequence of actions” and builds a “mental model of what the effect of [its] actions are going to be”, he said.
• This is a “big missing piece that we are working on to get machines to get to the next level of intelligence”, he added.

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