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OpenAI Launches ChatGPT-4: What You Need To Know

Although the latest version of the popular chat tool still isn’t 100% perfect, its creator says it performs at human levels on certain tasks.

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openai launches chatgpt-4 what you need to know

OpenAI released the eagerly awaited update to ChatGPT – ChatGPT-4 – on Tuesday, with immediate access available on Microsoft’s Bing Chat and a developer waiting list.

ChatGPT-4 is “less capable than humans in many real-world scenarios”, OpenAI said in a recent blog post, but it represents “the latest milestone in OpenAI’s effort in scaling up deep learning”.

Since its launch last November, ChatGPT’s popularity has exploded, with traffic to the site hitting over one billion visits.

The new version of the tool is said to have “human-level performance on various professional and academic benchmarks”. ChatGPT-4 can pass the lawyer’s bar exam in the 90th percentile, for example, while by comparison, GPT-3.5’s score was in the bottom 10%.

Who Can Use ChatGPT-4?

Microsoft’s Bing Chat was co-developed with OpenAI and has run on GPT-4 for the last five weeks. GPT-4 is also available to OpenAI’s paying users, and developers can enter a waiting list to gain access to the platform.

What Are The Limitations Of ChatGPT-4?

“Despite its capabilities, GPT-4 has similar limitations as earlier GPT models,” OpenAI said, with the software still prone to producing bad advice, buggy code, or inaccurate information.

The company has cautioned against using the chat tool in “high-stakes contexts” and advises human review to check facts and add additional context. However, OpenAI claims a 40% improvement in error reduction.

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Stake Powers Instant Payouts With Checkout.com Pay To Card

The new feature lets investors in the UAE, KSA, and UK receive real estate returns in minutes — cutting withdrawal times to under 10 minutes.

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stake powers instant payouts with checkout.com pay to card

Stake, a leading digital real estate investment platform, has unveiled Pay to Card, a next-generation withdrawal feature built on Checkout.com’s global payment infrastructure. The integration enables investors to have dividends and returns credited directly to their bank cards — often within minutes — dramatically reducing the traditional multi-day payout process.

After a successful pilot in May involving over 200 users, some investors reported receiving their funds in under 10 minutes. Ricardo Brizido, CPTO and Co-Founder of Stake, emphasized the importance of speed and reliability: “With Pay to Card, we’re eliminating unnecessary delays and putting returns in our investors’ hands almost instantly. This feature was built to directly solve one of the most common pain points in real estate investing, and it’s already driving strong results”.

The feature launch coincides with rapid growth in real-time finance across the Middle East. Checkout.com’s “State of Digital Commerce in MENA 2025” report highlights a 388% year-on-year surge in Account Funding Transactions (AFTs) in the UAE, reflecting strong demand for immediate payout solutions. The same study recorded a 176% increase in total processing volume from 2023 to 2024 and noted that daily online transactions have jumped 320% since 2020.

Since its 2021 debut, Stake has facilitated over AED 1 billion in property transactions, advancing its mission to democratize real estate investment in high-growth markets. By integrating Pay to Card, Stake reinforces its commitment to customer-centric innovation and operational transparency.

Also Read: Binance Enters Syrian Market As Sanctions Lifted

Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, praised the collaboration: “Stake has always led with customer-first financial experiences. Together, we’re meeting the expectations of a region that is no longer just digital-first, but real-time-first. Pay to Card exemplifies how modern payment infrastructure can directly solve investor pain points”.

Pay to Card is now available to all Stake users in the United Arab Emirates, the Kingdom of Saudi Arabia, and the United Kingdom. By slashing withdrawal times from days to minutes, Stake and Checkout.com are setting a new standard for seamless, on-demand real estate investing.

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