The ChatGPT app on an iPhone. The free software is now available through Apple's App Store. AP
The ChatGPT app on an iPhone. The free software is now available through Apple's App Store. AP
The ChatGPT app on an iPhone. The free software is now available through Apple's App Store. AP
The ChatGPT app on an iPhone. The free software is now available through Apple's App Store. AP

OpenAI brings ChatGPT app to iPhone, with Android to follow


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OpenAI is bringing its ChatGPT generative artificial intelligence tool to smartphones for the first time, releasing an iPhone version on Thursday and promising a service for Android devices in the future.

The software, which is free, is now available in the US for iOS devices through Apple's App Store.

With it, users can type questions and receive responses from the chatbot.

It also includes voice recognition so users will be able to speak their queries, according to a Thursday blog post from the Palo Alto, California-based start-up. The bot will only respond in writing, however.

The app also synches text-based conversations across various devices.

Users who pay for OpenAI’s ChatGPT Plus subscription can also use its most powerful large language model, GPT-4, via the app, the company said.

OpenAI plans to offer its app in more countries in the coming weeks and expects to launch the Android version soon.

Since its release on the web late last year, millions of people have experimented with ChatGPT and other bots – such as Bard, created by Alphabet's Google.

This new wave of chatbots are built on top of LLMs, the AI models trained on huge amounts of internet data so that they can predict and generate humanlike responses to user prompts.

ChatGPT and others are already being harnessed for everything from writing birthday greetings to coding, but they are also prone to exhibiting biases and fabricating believable fiction.

The release of the iOS app may put ChatGPT at many more people’s fingertips than the web-based version of the chatbot.

It could also subject OpenAI more directly to consumer scrutiny via reviews that users can post in the App Store for others to see.

“We’re eager to see how you use the app,” the company said in its blog post. “As we gather user feedback, we’re committed to continuous feature and safety improvements for ChatGPT.”

Users will need the premium version to get faster response times, as well as previews of new features.

How to get exposure to gold

Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.

A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.

Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.

Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.

London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long

However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.

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Updated: May 19, 2023, 4:52 AM`