@Dhanitha Sumanaweera Greetings & Welcome to Microsoft Q&A forum!
Your Understanding is correct. Azure OpenAI Service does not have direct access to the internet, but it provides access to several cognitive services that can be used to retrieve information from external sources in real-time.
The training data used to train the language models provided by Azure OpenAI Service is constantly being updated, and new versions of the models are released periodically to reflect the latest developments in natural language processing and machine learning.
The specific date range of the training data used to train each model may vary depending on the model and the specific version being used. However, the training data used to train the models is up-to-date and reflects the latest developments in the field of natural language processing.
Azure OpenAI now supports automatic updates for select model deployments. On models where automatic update support is available.
You can also Auto update to latest models. When Auto-update to latest is selected your model deployment will be automatically updated. See Model updates for more details.
You can also customize a model for your application.
For latest updates and releases, please refer What's new in Azure OpenAI Service page.
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