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 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 4 characters of English text, the 32,000 model can therefore process roughly 24,000 words of text in a single input — which is 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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