AI race heats up as OpenAI, Google and Mistral release new models

Launches within 12 hours of one another, and more activity expected in industry over summer

OpenAI, Google, and the French artificial intelligence startup Mistral have all released new versions of their frontier AI models within 12 hours of one another, as the industry prepares for a burst of activity over the summer.

The unprecedented flurry of releases come as the sector readies for the expected launch of the next major version of GPT, the system that underpins OpenAI's hit chatbot Chat-GPT.