OpenAI Unveils ChatGPT Enterprise: A Game-Changer in AI-Powered Business Solutions

Aug 29, 2023

In a strategic move to leverage the wide popularity of ChatGPT, OpenAI has launched a business-centric version named ChatGPT Enterprise. This new offering not only performs the same tasks as its predecessor—drafting emails, creating essays, and debugging code—but also introduces enterprise-quality privacy and data analysis features, enhanced performance, and customization options.

This elevates ChatGPT Enterprise to be on par with other services in the market, such as Bing Chat Enterprise, which was recently unveiled by Microsoft. OpenAI states that this marks another stride towards an AI assistant capable of aiding any task while safeguarding company data and providing customized solutions for organizations.

ChatGPT Enterprise aims to provide a comprehensive admin console with tools to oversee how employees utilize ChatGPT within an organization. This includes single sign-on integrations, domain verification, and a dashboard featuring usage statistics. Employees can create internal workflows using shareable conversation templates. Additionally, companies can design fully custom solutions powered by ChatGPT through credits to OpenAI’s API platform.

OpenAI has equipped ChatGPT Enterprise with unlimited access to Advanced Data Analysis, a feature formerly known as Code Interpreter. This enables ChatGPT to scrutinize data, generate charts, solve mathematical problems, and more. For example, it can analyze any given data—financial, health, or location information—and generate insights.

Powered by OpenAI’s flagship AI model, GPT-4, ChatGPT Enterprise gives customers priority access to GPT-4, promising a performance that is twice as fast as the standard GPT-4 and an expanded context window of 32,000 tokens.

OpenAI assures businesses that all conversations with ChatGPT Enterprise are encrypted both in transit and at rest, and it will not train models on business data sent to it. The company foresees AI’s potential to enhance every aspect of our working lives and boost team creativity and productivity.

Despite the drop in traffic for ChatGPT, OpenAI asserts strong interest from businesses for an enterprise-focused version. The company reportedly spent over $540 million last year to develop ChatGPT and aims to increase its revenue significantly in the coming years.

OpenAI’s future plans for ChatGPT Enterprise include a business offering for smaller teams, the ability for companies to connect apps to ChatGPT Enterprise, more robust versions of Advanced Data Analysis and web browsing, and tools designed for data analysts, marketers, and customer support.