OpenAI Launches ChatGPT For Corporate World, But What About Data Security?

Microsoft Corp. MSFT’s OpenAI has unveiled its corporate-focused ChatGPT Enterprise, marking a big step forward in its quest to cater to a diverse business clientele and amplify revenue streams.

This iteration, not only boasts of the prowess of OpenAI’s GPT-4 model but also promises enhanced data encryption and a commitment to user data privacy, as reported by Bloomberg. A notable feature is the extended prompt length, allowing for more comprehensive queries.

Monetizing The Chatbot Phenomenon

The introduction of ChatGPT Enterprise underscores OpenAI’s ambition to monetize its widely acclaimed chatbot. Despite its popularity, maintaining such a sophisticated AI model isn’t cheap, given the immense computational power it demands.

To offset these costs, OpenAI has explored various revenue avenues, including premium subscriptions and granting businesses premium API access to integrate ChatGPT into their applications.

OpenAI’s Chief Operating Officer, Brad Lightcap, emphasized the meticulous development of ChatGPT Enterprise, aimed at delivering unrivaled productivity enhancement.

Companies like Estée Lauder Cos. EL, Canva, and Zapier have embraced this innovation, deploying it for diverse tasks including coding, creative support, and business query resolution.

Addressing The Elephant In The Room: Data Security

While ChatGPT’s adoption rate among Fortune 500 companies is impressive, data security concerns have deterred some businesses.

OpenAI seeks to allay these fears by pledging not to utilize enterprise data to train its AI models. Furthermore, the company emphasizes that its latest GPT-4 model is designed to minimize data fabrication, ensuring more accurate and reliable outputs.

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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