Subj : OpenAI says 2024 is the "year of the enterprise" when it comes to
To   : All
From : TechnologyDaily
Date : Fri Apr 05 2024 13:15:06

OpenAI says 2024 is the "year of the enterprise" when it comes to AI  and it 
has new corporate tools on the way to make sure

Date:
Fri, 05 Apr 2024 12:00:53 +0000

Description:
OpenAI believes that enterprise is where the money is, but is having to 
compete in the big leagues.

FULL STORY
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OpenAIs corporate chatbot has seen more that 600,000 people sign up to gain 
exclusive access to ChatGPT Enterprise, which provides business oriented 
insights, data protection and privacy shielding. 

This prompted OpenAI COO Brad Lightcap to designate 2024 as the year of 
adoption for AI in the enterprise stating that the company is seeing 
tremendous momentum. 

However the pioneers behind the ChatGPT AI tool are facing increasing 
competition from other organizations looking to move into the workplace AI 
market. Big business needs big AI 

The enterprise version of ChatGPT represents OpenAIs first major venture into 
turning a profit from its AI chatbot, and many others are looking to move 
into the market. Microsoft, one of OpenAIs biggest investors, is looking to 
develop its own enterprise level AI offerings, with new Copilot offerings for 
Microsoft 365 . 

Competing with the likes of Microsoft is a big task for Lightcap, who is 
looking to spread the praise of enterprise AI in order to draw in new 
investment, which recent endeavors into securing contracts with media 
companies meeting success with organizations such as Germanys Axel Springer 
SE, Frances Le Monde, and Spains Prisa getting on board with OpenAI 

After facing semiconductor chip supply shortages, OpenAI has been attempting 
to secure funding to establish a chip manufacturing line to supply the 
companies needs for AI training hardware, with Lightcap stating that theres 
just not enough total supply in the world. 

In order to grow the business, OpenAI is looking to expand its 1200 strong 
workforce, but the hunt for the most talented individuals is tough with so 
many businesses competing for the best and brightest, with Lightcap stating 
that, This is a competitive market for sure. Theres a very few number of 
people that can really make such a dramatic impact in this field. 

The US has been investing billions of dollars into tech companies to help 
secure the supply of domestically produced semiconductors in order to move 
manufacturing from under the gaze of China, who the US believes could be 
making attempts to sabotage the supply lines out of Taiwan. 

Via Bloomberg More from TechRadar Pro Take a look at the best AI writers AWS 
plans hundreds of job cuts as Amazon downsizing continues These are the best 
productivity tools



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Link to news story:
https://www.techradar.com/pro/openai-says-2024-is-the-year-of-the-enterprise-w
hen-it-comes-to-ai-and-it-has-new-corporate-tools-on-the-way-to-make-sure


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