OpenAI debuts ChatGPT Enterprise — 4 times the power of consumer version

OpenAI, the creators of the artificial intelligence tool ChatGPT, has released ChatGPT Enterprise, a supposedly faster, more secure and more powerful version of the chatbot for businesses.

The firm explained in an Aug. 28 post that ChatGPT Enterprise offers unlimited access to GPT-4 at up to twice the performance speed and can process 32,000 token context windows for inputs.

As one token corresponds to about four characters of English text, the 32,000 model can thus process roughly 24,000 words of text in a single input — about four times more than the standard GPT-4.

OpenAI says ChatGPT Enterprise also improves upon GPT-4’s privacy and security standards because it doesn’t use company data to train its OpenAI models and is SOC 2 compliant — a standard for managing customer data.

OpenAI said the enterprise product was launched following an “unprecedented demand” for ChatGPT products since its launch on Nov. 30, with over 80% of Fortune 500 companies adopting the AI tool to some degree, the firm explained:

“[They] are using ChatGPT to craft clearer communications, accelerate coding tasks, rapidly explore answers to complex business questions, assist with creative work, and much more.”

Related: Academia divided over ChatGPT’s left political bias claims

OpenAI is also working on a self-serve business tool which enables ChatGPT to extend its knowledge to a company’s data.

Cryptocurrency firms are continuing to experiment with AI as a way to solve a myriad of problems, from fighting climate change to providing more transparency in the music industry to securing data privacy on-chain.

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