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