Business Standard

ChatGPT for enterprise is an opportunity for IT sector, say analysts

ChatGPT, launched just nine months ago, has seen teams adopt it in over 80 per cent of Fortune 500 companies, said the company on its website regarding the enterprise offering

ChatGPT, OpenAI, web browsing
Premium

Photo: Reuters

Shivani Shinde Mumbai

Listen to This Article

On Tuesday, OpenAI, the firm that owns the artificial intelligence-powered (AI) tool ChatGPT, announced a product aimed at the enterprise segment.

ChatGPT Enterprise will offer enterprise-grade security and privacy, and unlimited high-speed ChatGPT 4 access among various features.

The obvious question that arises is the impact of this on the information technology (IT) services players. Analysts believe this is an opportunity for the sector.

ChatGPT, launched just nine months ago, has seen IT personnel adopt it in over 80 per cent of Fortune 500 companies, said the company on its website as it unveiled the enterprise tool.

The launch of ChatGPT for enterprise comes

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 30 2023 | 8:41 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com