OpenAI, the company behind ChatGPT, made a big announcement today by launching ChatGPT Enterprise. As the name indicates, it’s a business tier of the AI chatbox, which is now available.

ChatGPT Enterprise is built on OpenAI’s most advanced language model, GPT-4. The biggest benefit of the business tier is that it protects the companies’ proprietary information, and it promises not to use their data to train the product.

Brad Lightcap, COO of OpenAI, has said that the tool has been in development for under a year and has worked with more than 20 companies of varying sizes and industries.

Apart from the protection of data, the ChatGPT Enterprise edition also offers GPT-4 access without usage caps and twice the performance of the previous versions. As per the pricing, it is not being announced publicly as it will depend on the company’s size and use cases.

Shedding more light on OpenAI not using the company’s data to train its models, it adds that the clients’ conversation data would be encrypted both at transit and at rest. However, it will log aggregate data on how the tool is used, including performance metadata.

The development comes at a time when the AI market is heating up. A few weeks ago, OpenAI launched the Android app, and before that, in May, the iOS app was launched. The company primarily competes against Google, which is regularly releasing updates to Bard.

Microsoft is also releasing a lot of AI-based features to its products, based on the OpenAI technology. It’s noteworthy that Microsoft is one of the largest investors in OpenAI, having around 49% stake.

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