OpenAI has launched a new service named ChatGPT Enterprise, which is designed specifically for businesses. This new service offers enterprise-grade security and privacy, unlimited higher-speed GPT-4 access, longer context, and priority access to OpenAI's support team. ChatGPT Enterprise is powered by GPT-4, OpenAI's flagship AI model, and it includes access to GPT-4 with no usage caps, performance that's up to two times faster than previous versions, and API. Additionally, ChatGPT Enterprise provides scalable deployment tools, a dedicated admin console, easy bulk member management, SSO and Domain Verification, and an analytics dashboard to understand usage. OpenAI says this new service will assist and elevate businesses by providing them with a powerful AI tool to help them with various tasks and processes.

Why does it matter?

OpenAI said that ChatGPT Enterprise prioritises privacy and security by providing enterprise-grade measures, and enhanced security features -to ensure that businesses can confidently use ChatGPT Enterprise while maintaining the privacy and security of their data.

According to multiple sources, ChatGPT Enterprise is SOC2 compliant, which means that it is not trained on users' data. SOC2 is a security framework that ensures that customer data is managed securely and follows strict guidelines for data protection. ChatGPT Enterprise's SOC2 compliance means that it meets these standards and provides businesses with enhanced data security and privacy. Finally, OpenAI said that conversations in ChatGPT Enterprise are encrypted.