As artificial intelligence transforms the job market, recent college graduates are finding it harder to land entry-level roles in competitive fields like tech and finance — even with strong résumés and top internships.
Source: Youtube

As artificial intelligence transforms the job market, recent college graduates are finding it harder to land entry-level roles in competitive fields like tech and finance — even with strong résumés and top internships.
Source: Youtube

OpenAI CEO likens new AI model to ‘legitimate PhD expert’.
Source: Youtube

IBL News | New York
OpenAI’s last upgrade to GPT-5 rollout faced backlash for retiring older models among users. OpenAI acknowledged that it underestimated users’ affection for the older GPTs, even if GPT-5 performs better in most ways.
In response to the critics, OpenAI’s CEO, Sam Altman, announced that rate limits for ChatGPT Plus users would be doubled and would continue to use the 4o model.
GPT-5 rollout updates:
*We are going to double GPT-5 rate limits for ChatGPT Plus users as we finish rollout.
*We will let Plus users choose to continue to use 4o. We will watch usage as we think about how long to offer legacy models for.
*GPT-5 will seem smarter starting…
— Sam Altman (@sama) August 8, 2025
Wanted to provide more updates on the GPT-5 rollout and changes we are making heading into the weekend.
1. We for sure underestimated how much some of the things that people like in GPT-4o matter to them, even if GPT-5 performs better in most ways.
2. Users have very different…
— Sam Altman (@sama) August 8, 2025
Previously, ChatGPT could tap into several different AI models, including GPT‑4o, o3, o4-mini, GPT‑4.1, and GPT‑4.5. But OpenAI has since replaced them with a family of GPT-5 models.
On Thursday, OpenAI unveiled a new flagship AI model, GPT-5, and began sharing the technology with ChatGPT users worldwide.
OpenAI executives called GPT-5 a “major upgrade” over their AI systems, saying the new technology was faster, more accurate, and less likely to hallucinate.
“GPT-5 is the first time that it feels like talking to an expert in any topic — a Ph.D.-level expert,” said OpenAI’s CEO, Sam Altman.
Also, it was the first time that OpenAI has used a reasoning model to power the free version of ChatGPT.
Experts agreed on the fact that the technology feels more human than previous models.
Sam Altman called the system a “significant step” along the path to the ultimate goal of the company and its rivals: artificial general intelligence, or AGI, a machine that can do anything the human brain can do.
GPT-5’s launch arrives in a moment when OpenAI, which is not yet profitable, plans to raise $40 billion this year, while being on pace to generate revenues of $20 billion by the end of 2025.
GPT-5 is now available in Cursor. It’s the most intelligent coding model our team has tested.
We’re launching it for free for the time being. Enjoy!
— Cursor (@cursor_ai) August 7, 2025
GPT-5 has 4 new chat personalities: Cynic, Robot, Listener, Nerd.
Find them in Customize ChatGPT in settings.
Research preview. Text-only. Opt-in. Change anytime.
Written by Robot in GPT-5. pic.twitter.com/XxyWYNYxHt
— OpenAI (@OpenAI) August 7, 2025
GPT-5 is here.
Rolling out to everyone starting today.https://t.co/rOcZ8J2btI pic.twitter.com/dk6zLTe04s
— OpenAI (@OpenAI) August 7, 2025

The future of recruitment is here, and it’s powered by AI. But how can recruiters stay relevant in a world where technology is taking over?
Source: Youtube

Google is investing $1 billion in AI education at universities and colleges.
Source: Youtube

On Thursday, Gov. Gavin Newsom shared details about a new initiative to help California students and workers stay on the cutting edge of artificial intelligence.
Source: Youtube

A new study says ChatGPT told researchers posing as teenagers how to get alcohol and drugs, suggested ways to hide eating disorders and more after initially providing warnings. The researchers were pretending to be 13 years old.
Source: Youtube

OpenAI on Thursday launched GPT-5, the latest generation of the artificial intelligence technology that powers ChatGPT. OpenAI said the new model is faster and smarter than ever before.
Source: Youtube

IBL News | New York
OpenAI unveiled its latest model, GPT-5 yesterday, making it available to all ChatGPT users, including those on the free tier, with usage limits varying by subscription level.
It is also integrated into Microsoft 365 Copilot and available to developers through the OpenAI API.
The company made GPT‑5 the new default in ChatGPT, replacing GPT‑4o, OpenAI o3, OpenAI o4-mini, GPT‑4.1, and GPT‑4.5 for signed-in users.
GPT‑5 started to roll out today to all Plus, Pro, Team, and Free users, with access for Enterprise and Edu coming in one week. Pro, Plus, and Team users could also start coding with GPT‑5 in the Codex CLI by signing in with ChatGPT.
Pro subscribers got unlimited access to GPT‑5, and access to GPT‑5 Pro, for complex tasks and a replacement of OpenAI o3‑pro. Plus users have significantly higher usage than free users.
“For ChatGPT free-tier users, full reasoning capabilities may take a few days to fully roll out. Once free users reach their GPT‑5 usage limits, they will transition to GPT‑5 mini, a smaller, faster, and highly capable model,” said OpenAI.
During a livestream presentation [watch in the video below], the company’s CEO, Sam Altman, described the model as “having a team of experts on call for whatever you want to know.” He defined it as “our smartest, fastest, most useful model yet, with built-in thinking that puts expert-level intelligence in everyone’s hands.”
GPT‑5 provides more useful responses across math, science, finance, and law. It includes 128,000 max output tokens. The price per 1 million tokens for the API is $1.25.
The tools supported by this model when using the Responses API are Web search, File search, Image generation, Code interpreter, and MCP.
OpenAI’s executives who participated in the virtual presentation highlighted the coding capabilities of GPT-5, tackling “complex tasks end-to-end and delivering more readily usable code, better design, and is more effective at debugging.”
GPT‑5 is OpenAI’s most advanced model for coding and agentic tasks. It produces high-quality code, generates front-end UI with minimal prompting, and shows improvements to personality, steerability, and executing long chains of tool calls.”
GPT‑5 also showed ‘minimal’ reasoning and a ‘verbosity’ parameter in the API.

• Pricing and Characteristics
• Release Notes
• Research Paper
GPT-5 has 4 new chat personalities: Cynic, Robot, Listener, Nerd.
Find them in Customize ChatGPT in settings.
Research preview. Text-only. Opt-in. Change anytime.
Written by Robot in GPT-5. pic.twitter.com/XxyWYNYxHt
— OpenAI (@OpenAI) August 7, 2025