Is the newly-unveiled ChatGPT Enterprise pricing a fair ticket to the future of organizational AI? OpenAI believes so, launching its premium ChatGPT for business service with a suite of features designed to meet the unique demands of modern enterprises.
OpenAI has rolled out a new premium offering, ChatGPT Enterprise, aimed at fortifying its AI language model capabilities for commercial use. With this move, ChatGPT for business not only aims to bolster revenue streams but also counteract stagnating user numbers. Announced via a Monday blog post, the San Francisco tech firm clarified that this new service is designed to empower organizations to “own and control” their proprietary data.
“We’re launching ChatGPT Enterprise, which offers enterprise-grade security and privacy, unlimited higher-speed GPT-4 access, longer context windows for processing longer inputs, advanced data analysis capabilities, customization options, and much more. We believe AI can assist and elevate every aspect of our working lives and make teams more creative and productive. 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
Released during a period of waning user enthusiasm following its initial burst of popularity, ChatGPT Enterprise is OpenAI’s strategic pivot to recapture interest and deliver specialized value to business clients.
Let’s delve into the essential features of this new addition to the OpenAI lineup.
ChatGPT Enterprise pricing details
ChatGPT Enterprise slots in as the pinnacle tier of OpenAI’s offerings, supplementing its existing free basic service and the $20-per-month Plus plan. Notably, OpenAI has opted for a flexible pricing model for this enterprise-grade service. Rather than sticking to a fixed cost, the company intends to customize pricing based on the unique needs and scale of each business.
OpenAI intends to “work with everyone to figure out the best plan for them”, COO Brad Lightcap told Bloomberg.
“We believe AI can assist and elevate every aspect of our working lives and make teams more creative and productive. Today marks another step towards an AI assistant for work that helps with any task, is customised for your organisation and that protects your company data,” OpenAI said in the blog.
This individualized approach aims to make ChatGPT Enterprise adaptable to a variety of corporate requirements, offering a more tailored experience compared to its one-size-fits-all predecessors.
Is the ChatGPT Enterprise pricing worth it?
ChatGPT Enterprise runs on GPT-4, OpenAI’s most advanced AI model to date, a feature it shares with the less expensive ChatGPT Plus. However, there are distinguishing perks for Enterprise subscribers, such as prioritized access to a souped-up GPT-4 that operates at double the speed and comes with a more generous context window of about 32,000 tokens, or roughly 25,000 words.
Understanding the context window is crucial. In layman’s terms, it’s the amount of text that the model can consider before producing new content. Tokens are the chunks of text the model reads—think of breaking down the word “fantastic” into components like “fan,” “tas,” and “tic.” A model with a large context window is less likely to lose track of the conversation, offering a smoother and more coherent user experience.
Addressing data privacy concerns—a major point of contention for businesses that have previously restricted employee access to consumer versions of ChatGPT—OpenAI assures that the ChatGPT Enterprise models will not be trained on any business-specific or user-specific data. Additionally, the company has implemented encryption for all conversations, safeguarding the data during transmission and while stored.
Taken together, these enhancements suggest that ChatGPT Enterprise could offer significant value, particularly for organizations requiring high-speed, secure, and nuanced language model applications.
Do you really need ChatGPT for business?
ChatGPT for business comes packed with a robust set of tools and perks. Subscribers can benefit from both GPT-3.5 and GPT-4 versions of the AI model, ensuring access to state-of-the-art language capabilities. To keep you ahead of the curve, regular model updates are part of the package. Advanced Data Analysis capabilities are also included, along with a variety of plugins to enhance functionality.
If staying on the cutting edge is your thing, you’ll appreciate the early access to beta features. Speed is hardly an issue, as unlimited high-speed access to GPT-4 is a key offering. To ensure detailed and nuanced conversations, users get to work with longer input lengths, supported by a 32,000-token context window. This goes hand-in-hand with the unlimited Advanced Data Analysis feature for all your deep data-diving needs.
To streamline workflows within your organization, internally shareable chat templates are provided. Administrative tasks are made simpler with a dedicated admin console that offers single sign-on (SSO), domain verification, and analytics. If customization is a priority, API credits are available to build your own tailored solutions. Importantly, enterprise data is never used for model training, ensuring privacy and data security.
Long story short, for businesses seeking specialized functionalities, robust data analysis, and enhanced control, the value proposition of ChatGPT for business is compelling.
In sum, does the ChatGPT Enterprise pricing offer a justifiable ROI for the modern enterprise? Given the comprehensive set of features, from high-speed GPT-4 access to enterprise-level data security, the answer leans strongly toward yes. The investment appears not just reasonable but potentially transformative for organizations aiming to leverage AI in their operations.
