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OpenAI introduces a business version of ChatGPT.

(Qnnflash) — On Monday, OpenAI made an announcement about the release of a specialized version of its popular ChatGPT tool, tailored exclusively for businesses. This development comes amid growing competition in the field of artificial intelligence within the corporate landscape of the United States.

OpenAI introduced a novel service, referred to as “ChatGPT Enterprise,” through a publication on the company’s official blog. It was announced that this service will be made accessible for procurement by corporate clientele starting Monday. The newly introduced product assures enterprises of “enterprise-grade security and privacy” together with an enhanced version of ChatGPT, catering to their interest in using generative AI technology.

According to the blog article, it is believed that artificial intelligence (AI) has the potential to enhance and improve several facets of our professional endeavors, leading to increased creativity and productivity within teams. Today signifies a significant milestone in the development of an artificial intelligence (AI) assistant designed specifically for professional use. This AI assistant aims to provide comprehensive support for various tasks, while also being tailored to meet the specific needs of your organization. Furthermore, it prioritizes the safeguarding of your company’s sensitive data.

Several initial clients of ChatGPT Enterprise include Block, a financial company, Estee Lauder Companies, a cosmetics industry leader, and PwC, a professional services firm.

The news from OpenAI is of great interest since the business reports that employees from more than 80% of Fortune 500 organizations have already started utilizing ChatGPT since its public release in the latter part of the previous year. This information is based on OpenAI’s study of accounts linked to corporate email domains.

Prior to the introduction of ChatGPT Enterprise, several notable corporations, such as JPMorgan Chase, had enforced temporary limitations on the utilization of ChatGPT within their work environments.

ChatGPT Enterprise, on the other hand, tackles a fundamental problem that has contributed to the implementation of strict regulations in the workplace, namely, concerns around privacy and security. Previously, certain corporate executives had expressed concerns regarding the possibility of employees inadvertently disclosing confidential information within ChatGPT, which may then be generated as output by the tool in other contexts. According to OpenAI’s official blog article regarding ChatGPT Enterprise, it is explicitly mentioned that the model does not undergo training using any business-specific data or chats, and its learning process is independent of user interactions.

OpenAI did not publicly disclose the pricing tiers for ChatGPT Enterprise; instead, it advised interested commercial clients to get in touch with the sales team for more details.

In response to comments, the company expressed its anticipation of providing prospective clients with a more comprehensive roadmap and further refining ChatGPT Enterprise. Our objective is to facilitate the integration of several organizations within the upcoming weeks.

In July, Microsoft introduced Bing Conversation Enterprise, a variant of their AI-driven Bing tool designed for corporate purposes. Microsoft made similar security promises to those already emphasized by ChatGPT Enterprise, ensuring that the conversation data of users will not be utilized for AI model training.

Microsoft has previously made public its investment of several billion dollars in OpenAI. The potential competitive dynamics between the emerging AI tools for business remain uncertain at present.

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