OpenAI Makes Biggest Announcement Since Launching ChatGPT

OpenAI , Makes Biggest Announcement , Since Launching ChatGPT.
On August 28, OpenAI announced
its new ChatGPT Enterprise,
a business tier for the AI chatbot.
CNBC reports that the new tool, which has been
in development for "under a year," is the product
of 20 companies of varying sizes and industries.
CNBC reports that the new tool, which has been
in development for "under a year," is the product
of 20 companies of varying sizes and industries.
According to OpenAI COO Brad Lightcap, the Enterprise offering
includes access to GPT-4 with no usage caps, double the
performance speed than previous versions and API credits.
According to OpenAI COO Brad Lightcap, the Enterprise offering
includes access to GPT-4 with no usage caps, double the
performance speed than previous versions and API credits.
Lightcap reportedly added that pricing would not
be made public and that it would "depend, for us,
on every company's use cases and size.".
CNBC reports that the service's
Beta users included Canva,
Block and The Estée Lauder Cos.
Earlier in 2023, Microsoft made its
largest AI investment of the year,
sinking $10 billion into OpenAI.
Earlier in 2023, Microsoft made its
largest AI investment of the year,
sinking $10 billion into OpenAI.
In April, the company reportedly closed
a massive $300 million share sale with
a valuation between $27 and $29 billion. .
In April, the company reportedly closed
a massive $300 million share sale with
a valuation between $27 and $29 billion. .
In November, just two months after its launch,
ChatGPT surpassed 100 million users, becoming
the fastest-growing consumer application ever. .
A phenomenal uptake –
we’ve frankly never seen
anything like it, and interest
has grown ever since, Brian Burke, research vice president at Gartner, via CNBC.
CNBC reports that Lightcap also teased plans
to roll out another tier called
ChatGPT Business sometime in the future.