The expectation is mounting up around OpenAI’s ChatGPT-4, which is scheduled for 2023, although there is no official confirmation on either the launch or beta testing of it. GPT-4 stands for Generative Pre-trained Transformer 4. It’s basically an artificial intelligence system that can create human-like text. While the current ChatGPT-3 has 175 billion parameters, ChatGPT-4 might have 1 trillion, or even more, according to some reports. Similarly, it will be capable of text answering, content generation, language translation, and text summarization, just like the current ChatGPT-3.