9.3 C
Wednesday, November 29, 2023
HomeAI & ChatGPTOpenAI Unleashes ChatGPT for Businesses: A Game-Changer in AI Communication

OpenAI Unleashes ChatGPT for Businesses: A Game-Changer in AI Communication


OpenAI Launches ChatGPT Enterprise: Revolutionizing the World of Artificial Intelligence

In a surprising turn of events, OpenAI has unveiled ChatGPT Enterprise, an upgraded version of its popular AI chatbot. This announcement comes just a few months after the initial launch of ChatGPT, which took the world by storm in November 2022. The introduction of ChatGPT Enterprise marks a significant milestone as it transitions from a free experimental service to a commercial offering, catering specifically to businesses.

One of the key features of ChatGPT Enterprise is its enhanced security and privacy measures. OpenAI assures businesses that they will have full control over their data and that no training will be conducted on business-specific conversations. The platform is also SOC 2 compliant, adhering to the privacy standards set by Certified Public Accountants (CPA). However, it is important to note that queries made using the free or Plus versions of ChatGPT may be used by OpenAI for training purposes.

To further bolster security, ChatGPT Enterprise encrypts all conversations in transit using Transport Layer Security (TLS) 1.2+ and at rest with Advanced Encryption Standard (AES) 256. The new admin console provides additional functionalities such as domain verification, Single Sign-on (SSO), and usage reporting, allowing businesses to manage their team members effectively.

ChatGPT Enterprise offers faster response times, up to twice as fast as before, and has the ability to process longer inputs and files of up to 32K tokens. This means that users can now enter queries that are up to four times larger than before. Additionally, usage caps have been removed, providing businesses with unlimited access to the chatbot’s capabilities. ChatGPT Enterprise utilizes the latest large language model (LLM), GPT-4, ensuring optimal performance.

In addition to these improvements, ChatGPT Enterprise also grants users unlimited access to advanced data analysis tools. Businesses can leverage these tools to build applications around ChatGPT and create shareable chat templates for common workflows. For more advanced users, OpenAI offers free credits to utilize their Application Programming Interfaces (API) and develop custom AI programs.

Since its launch just nine months ago, ChatGPT has gained widespread adoption, with over 80% of Fortune 500 companies integrating it into their operations, according to OpenAI. The introduction of ChatGPT Enterprise aims to meet the growing demand for a secure and efficient AI assistant in the workplace, while also generating profits for OpenAI’s substantial investors, including Microsoft, which has invested $10 billion in the company.

Although OpenAI has not disclosed the pricing details for ChatGPT Enterprise, companies such as The EstΓ©e Lauder Companies, PwC, and Zapier have already started utilizing the chatbot for various purposes, including improving communication, accelerating coding tasks, and exploring answers to complex business questions. To subscribe to ChatGPT Enterprise, businesses are required to consult with a sales representative to determine the pricing that suits their specific needs.

As the world witnesses the rapid advancement of AI technology, the launch of ChatGPT Enterprise signifies a pivotal moment in the industry. OpenAI’s commitment to providing businesses with a secure and efficient AI assistant demonstrates its dedication to meeting the evolving demands of the modern workplace. Whether companies choose to adopt ChatGPT Enterprise remains to be seen, but the impressive capabilities of this upgraded chatbot are sure to capture the attention of many.

In conclusion, the introduction of ChatGPT Enterprise marks a significant milestone for OpenAI and the field of artificial intelligence. With its enhanced security, improved performance, and advanced features, this upgraded chatbot is poised to revolutionize the way businesses operate. As companies continue to seek innovative solutions to streamline their processes, ChatGPT Enterprise provides a promising avenue for achieving greater efficiency and productivity.

Barry Caldwell
Barry Caldwellhttps://myvatcalculator.eu
Hello, I'm Barry, a proud holder of a Master's degree in Commerce. I specialise in assisting SMEs with their accounting and finance management. When I'm not immersed in balance sheets, I enjoy crafting insightful technology guides. Feel free to explore my bespoke bookkeeping tool and informative blog, designed to simplify the complexities of Value Added Tax (VAT) in Ireland & UK.


- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories