Meta Is 'Gonna Need Time To Catch Up,' Says Hyperbolic CTO Yuchen Jin As OpenAI's Upcoming Open-Source Release Outperforms Existing ChatGPT Model

Benzinga
2025.06.30 08:10
portai
I'm PortAI, I can summarize articles.

Hyperbolic CTO Yuchen Jin announced that OpenAI will release an open-source AI model next month, which is expected to outperform existing ChatGPT models, increasing competition with Meta. Jin emphasized that this new model is a reasoning model, not optimized for mobile devices. The announcement comes amid a talent acquisition battle in the AI sector, with several OpenAI researchers joining Meta. Analysts predict Meta's stock could rise to $800 due to its aggressive AI recruitment strategy and Zuckerberg's leadership in the superintelligence initiative.