PwC, one of the biggest accounting and professional services firms, announced on May 29 that it would be a distributor and obtain more than 100 000 licenses for ChatGPT Enterprise with OpenAI, creating a significant new income stream for the AI manufacturer’s business solution.
According to a press release from PwC, the US and UK firms are now” OpenAI’s second reseller for ChatGPT Enterprise and the product’s biggest person.” Specifically, PwC may enhance its audit, taxes and consulting services with ChatGPT Enterprise’s conceptual AI abilities.
PwC Deal Shows Confidence in OpenAI’s Business Services
PwC has certainly made the monetary terms or terms of its agreement with or memberships to ChatGPT Enterprise public. Today’s deal “builds upon” PwC’s commitment to AI capabilities of$ 1 billion over three years, starting in April 2023.
PwC can now use OpenAI’s latest big speech design, GPT- 4o, for its ChatGPT relationships. PwC may use GPTs, practice AI agencies, for:
- Reviewing income earnings.
- Plan response generation.
- Software life helpers.
- Dashboard and report creation.
At a time when some AI critics claim that the tech is also looking for use cases, PwC’s communication to its clients includes “emphasizing the nearly universal requirement across industries for the transformational power of this technology.”
PwC holds more than 100, 000 ChatGPT Enterprise certificates, 75, 000 for US workers and 26, 000 for U. K. people.
However, PwC says it has found 3, 000 inside usage scenarios for relational AI.
According to Bret Greenstein, PwC companion and leader of the conceptual AI initiative leader,” We are a knowledge-based business, and relational AI is simply getting more effective at making knowledge available and scalable.” We monitored the growth of GenAI capabilities ( 10x a year on average ), which indicated that the types of things GenAI can do will only grow.
The agreement is a significant success for OpenAI, especially given how expensive artificial intelligence is to work.
PwC’s expanded partnership with OpenAI serves as a rulebook for businesses looking to level their AI system, apps, and services, according to PwC in the media release.” At a time when business leaders across industries demand outcomes and business impact – and not just possible.
SEE: GPT- 4 can exploit day- one vulnerabilities when provided with their descriptions.
” We have strong relationships with all the major AI players and use their tools across our business”, said Greenstein. We have worked with OpenAI since GPT-2 and even longer for AI/ML work, so we have developed our knowledge and understanding of these trends, which helped us facilitate this agreement.
OpenAI Forms Safety Committee, Acquires Media Deals
This week, OpenAI made a few other significant announcements, including the creation of a Safety and Security Committee and content agreements, including with News Corp, the parent company of The Wall Street Journal.
The Safety and Security Committee
The Safety and Security Committee, announced on May 28, has 90 days to develop the processes and safeguards that OpenAI will use while developing its upcoming cutting edge, so- called “frontier” models. CEO Sam Altman and a panel of team leaders and security experts are on the committee.
Content and media deals
A content agreement to add News Corp articles to ChatGPT was made public on May 22. News Corp owns The Wall Street Journal, Barron’s, MarketWatch, New York Post and more. The agreement will allow OpenAI to respond to questions posed to ChatGPT using News Corp. content.
Deals with Vox Media and The Atlantic followed. On May 29, OpenAI announced a contract whereby ChatGPT will use Vox Media content and Vox Media will collaborate with ChatGPT to create consumer and advertising products. On the same day, The Atlantic joined OpenAI” as a premium news source”, which” will be discoverable within OpenAI’s products” and” will help to shape how news is surfaced and presented in future real- time discovery products”. Meanwhile, The Atlantic will explore ways to use OpenAI tech on” an experimental microsite”.