The buzz surrounding GPT-5 has intensified recently. An OpenAI insider has disclosed that GPT-5 has commenced grayscale testing and is poised for a summer release, targeting July. Sam Altman, the CEO of OpenAI, has highlighted that GPT-5 will boast multimodal functionalities, encompassing various input modalities such as speech, images, code, and video. This advanced AI model will also possess profound reasoning abilities, facilitating real-time video generation and extensive code writing capabilities. Moreover, GPT-5 will integrate multiple functions to emerge as the first genuine hybrid model, seamlessly blending reasoning and memory to significantly mitigate hallucination issues. OpenAI insiders emphasize that the crux of developing GPT-5 lies in striking a balance between reasoning and conversational skills, aiming to provide users with a more intuitive and fluid communication experience. This groundbreaking innovation promises to elevate user efficiency and intelligence while propelling artificial intelligence technology to new heights.