Tuesday, 14 May 2024
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ChatGPT for enterprises is made available by OpenAI

  • OpenAI has announced the launch of its ChatGPT Enterprise service.
  • On Monday, commercial customers should be able to purchase the service.
  • The price ranges for ChatGPT Enterprise are not made public in OpenAI’s release.

In addition to offering the most advanced iteration of the tool yet, OpenAI has announced the launch of its ChatGPT Enterprise service, which guarantees enterprise-grade security and privacy. On Monday, commercial customers should be able to purchase the service.

Fintech startup Block, cosmetics behemoth Estee Lauder Companies, and consultancy PwC are a few of the early clients of ChatGPT Enterprise. Since ChatGPT’s public introduction late last year, staff members from more than 80% of Fortune 500 businesses have already started utilizing it. This announcement was eagerly anticipated.

ChatGPT for enterprises

Since some corporate owners were concerned about employees entering confidential information into ChatGPT and having that information potentially leaked elsewhere as a result of the tool’s output, ChatGPT Enterprise tackles privacy and security issues.

The price ranges for ChatGPT Enterprise are not made public in OpenAI’s release; instead, it directs prospective business customers to get in touch with its sales staff.

Although OpenAI has not made its ChatGPT Enterprise pricing levels public, it is enrolling as many businesses as it can over the coming weeks.

Similar security guarantees, especially that chat data from users won’t be used to train AI models, were made by Microsoft when it debuted Bing Chat Enterprise in July, a version of its AI-powered Bing product designed only for businesses.

A multibillion-dollar investment in OpenAI by Microsoft was also previously publicized. How the rival new AI tools for business will compete with one another is not immediately evident.

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