Tag: openai microsoft

European Union examines Microsoft investment in Sam Altman-led ChatGPT developer OpenAI
Technology

European Union examines Microsoft investment in Sam Altman-led ChatGPT developer OpenAI

[ad_1] The European Union's competition regulator said Tuesday it was looking into Microsoft's investment into ChatGPT developer, the CEO Sam Altman-led OpenAI to see if it merits further investigation under the bloc's merger rules. The European Commission said in a statement it was "checking whether Microsoft's investment in OpenAI might be reviewable under the EU Merger Regulation".The move is part of efforts by Brussels to make sure its oversight can catch up with the fast-moving world of artificial intelligence and stop major players shutting out competitors. EU competition chief Margrethe Vestager, who will meet top tech bosses California this week, said "it is fundamental that these new markets stay competitive". "We are inviting businesses and experts to tell us about any competi...
ChatGPT turns to business as popularity wanes
Technology

ChatGPT turns to business as popularity wanes

[ad_1] OpenAI on Monday said it was launching a business version of ChatGPT as its artificial intelligence sensation grapples with declining usership nine months after its historic debut. ChatGPT Enterprise will offer business customers a premium version of the bot, with "enterprise grade" security and privacy enhancements from previous versions, OpenAI said in a blog post. The question of data security has become an important one for OpenAI, with major companies, including Apple, Amazon and Samsung, blocking employees from using ChatGPT out of fear that sensitive information will be divulged. "Today marks another step towards an AI assistant for work that helps with any task, is customized for your organization, and that protects your company data," OpenAI said. The ChatGPT business ...
ChatGPT Enterprise launched, set to compete with Microsoft Bing Enterprise
Technology

ChatGPT Enterprise launched, set to compete with Microsoft Bing Enterprise

[ad_1] Just six weeks after Microsoft announced its AI-powered Bing Enterprise for businesses, OpenAI has also launched ChatGPT Enterprise, aiming to enter the space to cater to businesses that want to leverage AI in order to streamline their operations, improve their efficiency, and create leaner teams. The Business version of the ChatGPT tool was unveiled on August 28, Monday, to help businesses with various tasks such as coding, analyzing corporate data, and more. Let us take a look at its offering and how it is competing with its biggest backer.Announcing its new business-oriented AI model, OpenAI stated in a blog post, “We're launching ChatGPT Enterprise, which offers enterprise-grade security and privacy, unlimited higher-speed GPT-4 access, longer context windows for processing l...
AI moving in the right direction, Microsoft CEO Satya Nadela tells CNBC’s Andrew Ross Sorkin
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AI moving in the right direction, Microsoft CEO Satya Nadela tells CNBC’s Andrew Ross Sorkin

[ad_1] Microsoft CEO Satya Nadella in his interview today with CNBC co-anchor "Squawk Box", Andrew Ross Sorkin spoke at length about the direction that artificial intelligence technology is taking and the role of Microsoft in it and whether humans are in control of it.On the extent to which the technology has reached people's lives, Nadella told Sorkin that "AI is already there at scale. Every newsfeed, every social media feed, search (as we know of it before Chat plus search), they are all AI." On whether the technology was moving fast, he said, "So, I think we are now moving from an era of auto-pilot AI to one of co-pilot era. Yes, if anything, it is moving fast, but moving in the right direction." Emphasising that the tech innovators are in full control, Nadella added, "It is moving ...
ChatGPT to be monetized, says OpenAI; Will this be its future?
Technology

ChatGPT to be monetized, says OpenAI; Will this be its future?

[ad_1] ChatGPT could be now monetized, confirms OpenAI. Here is all you need to know. If you have been playing with ChatGPT and have been planning to integrate it with your business, there's good news. OpenAI, the research organisation behind the AI based language generation model, is now planning to monetize the ChatGPT. OpenAI will allow businesses and app developers to integrate the AI generative model to integrate it into their own apps and services. Not only will this help in the advancement of the model but it will also help with the revenue stream for OpenAI as an organisation.“We are starting to think about how to monetize ChatGPT. Our goal is to continue to improve and maintain the service, and monetization is one way we are looking at ensuring its long-term viability,” said ...