The artificial intelligence company OpenAI said in a post that it will announce product updates on the weekly broadcast, which has sparked speculation about the next major launch of the artificial intelligence giant. OpenAI said it will not launch a search product at this event. The startup has been developing features that can compete with Alphabet Inc.'s Google and AI search startup Performance. Boosted by the news that OpenAI will not immediately release search products, Alphabet's stock price narrowed its decline and hit an intraday high. Instead, OpenAI's launch will revolve around updates to its popular chatbot ChatGPT and the GPT-4 artificial intelligence model. More than a year has passed since the company released its last flagship model, the GPT-4, and the tech community is generally looking forward to the new version. However, the company said it will not launch GPT-5 at the event. The company's CEO Sam Altman posted on social media X on Friday: “It's not GPT-5, it's not a search engine, but we're working hard to develop something new that we think people will love!”