In October 2022, no one would have predicted that artificial intelligence (AI) would soon revolutionize the world. Then, on November 30, 2022, OpenAI launched his ChatGPT and everything changed. AI is everywhere now. The next big step was when ChatGPT transitioned from a mostly free experimental service to a commercial service. That day is today.
OpenAI announced the launch of ChatGPT Enterprise, a new and improved version of its popular AI chatbot. This enterprise-grade version offers enhanced security, privacy, and a variety of powerful features customized for your business.
Related article: 4 things Claude AI can do that ChatGPT can't
What exactly do you get from ChatGPT Enterprise?
Enterprise-grade security and privacy. OpenAI says it will give businesses complete control over their data without training on business-specific conversations. All interactions are encrypted and the platform is System and Organization Controls (SOC) 2 compliant. This is the Privacy Standard for Certified Public Accountants (CPAs). However, please note that if you are using the free or Plus version of ChatGPT, your queries may be used to train his OpenAI.
Additionally, Enterprise encrypts all conversations with Transport Layer Security (TLS) 1.2+ in transit and Advanced Encryption Standard (AES) 256 at rest. You can also manage your team members using ChatGPT's new admin console. Domain validation, single sign-on (SSO), and usage reporting.
ChatGPT Enterprise reduces response times and is up to twice as fast as before. It can also handle long inputs and files of up to 32,000 tokens. In practice, this means that you can enter queries that are up to four times larger than before. It also removes all usage limits. And of course, the latest large-scale language model (LLM), GPT-4, is used.
Also: How to use ChatGPT
This Enterprise edition also provides unlimited access to advanced data analysis tools. If you want to build an application around ChatGPT (which you almost certainly will), it also comes with shareable chat templates. You can use these to build common workflows for your company. For more advanced users with programmers, you can also get free credits to write your own custom AI programs using OpenAI's application programming interfaces (APIs).
Since its launch just nine months ago, ChatGPT has seen rapid adoption, with more than 80% of Fortune 500 companies integrating ChatGPT into their operations, according to OpenAI. The new enterprise version aims to meet the growing demand for safe and efficient AI assistants in the workplace and, of course, make a profit.
Additionally, an IBM study found that 40% of employees will need to be reskilled over the next three years because of AI.
After all, even with hundreds of millions of users and a limited commercial release of ChatGPT Plus, OpenAI needs to start making money for its big investors. For example, Microsoft invested his $10 billion in OpenAI. And in April, OpenAI completed a $300 million stock sale with investment from Sequoia Capital and Andreessen Horowitz.
Will companies invest in it? That seems likely. According to OpenAI, companies such as The Estée Lauder Companies, PwC, and Zapier are already using “ChatGPT to build clearer communications, accelerate coding tasks, and quickly find answers to complex business questions.” and support creative work.''
OpenAI has not announced pricing. This service is still available, but you must contact your sales representative to see pricing for your company. Would you like to subscribe? Please let me know if you would like to use it and the price. We all have curiosity. This is one question that ChatGPT cannot answer.