OpenAI CEO Sam Altman hosted hundreds of executives from Fortune 500 companies in San Francisco, New York and London this month, where he and other OpenAI executives pitched AI services for enterprise use. In some cases, they faced off against their financial backers. microsoftan attendee told Reuters.
Events like Roadshow show how the company credited with sparking the explosion of generative artificial intelligence in consumer products is looking to expand new revenue streams from companies around the world. some of which could potentially take place at the company’s home base. our biggest partner.
Three meetings with company executives – two in the US last week and one in London on Monday – had not been previously reported.
Mr. Altman personally addressed more than 100 executives from each city at the event, according to attendees who spoke on condition of anonymity.
At each event, Altman and Chief Operating Officer Brad Lightcap will talk about ChatGPT Enterprise, an enterprise-grade version of the popular chatbot that generates text from simple prompts, and the company’s AI service called API, which allows customers to use their applications in their applications. It provided product demonstrations, including software that connects to the , and its new text. -Video model.
OpenAI has committed to not using ChatGPT Enterprise customer data to train models. OpenAI executives spoke with potential customers in industries such as finance, healthcare and energy, highlighting a variety of applications such as call center management and translation. They pointed out that the consumer version of the company’s chatbot is already used by more than 92% of Fortune 500 companies.
Microsoft, the largest investor in OpenAI, is increasing access to OpenAI’s technology through the Azure cloud and by selling Microsoft 365 Copilot, a productivity tool that leverages OpenAI’s models for enterprises. It offers.
According to attendees, some executives in the audience at the event asked why they had to pay for ChatGPT Enterprise if they were already Microsoft customers.
According to those in attendance, Altman and Lightcap said that by paying for the enterprise service, customers will work directly with the OpenAI team, have access to the latest models, and have more opportunities to get customized AI products. Ta.
OpenAI and Microsoft declined to comment.
OpenAI, valued at $86 billion in its last secondary sale, has been working to diversify its revenue streams since its chatbot ChatGPT rapidly gained popularity in late 2022. We are on track to reach $1 billion in sales. projected targetAccording to officials, towards 2024.
The company expects sales to businesses to become a more significant portion of its revenue while it strives to build new products for consumers, such as the Marketplace ChatGPT store. Lightcap told Bloomberg that more than 600,000 people signed up to use ChatGPT Enterprise and Team last week, up from about 150,000 in January.
Lightcap, a key executive at OpenAI focused on enterprise deployments, has also spent time speaking to studio executives in Hollywood to promote the company’s Sora video creation tool. Its technology, which allows users to create and adjust videos based on their text descriptions, has caused both excitement and anxiety in the creative industry.
Two major Hollywood studios told Reuters they are considering the application, although they have some concerns about the source of the videos used in Sora’s training, the reliability of the output, and the ability to protect copyrighted works. He said he is seeking early access to get started.
Foxand News Corp He also hosted Altman at a leadership retreat last October and participated in a question-and-answer session, a source familiar with the meeting said.