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OpenAI Releases new Features to Encourage Businesses to Develop Artificial Intelligence (AI) Solutions

A significant portion of OpenAI’s business is focused on assisting enterprise customers in developing AI products, despite the company’s consumer-facing products, such as ChatGPT and DALL-E, receiving the majority of attention. They are now receiving new tools for those customers.

Corporate clients that power their AI tools with OpenAI’s application programming interface (API) will receive improved security features, the company announced in a blog post, including the option to use single sign-on and multi-factor authentication by default. In order to lessen the chance of any data leaks onto the public internet, OpenAI has also implemented 256-bit AES encryption during data transfers.

Additionally, OpenAI has introduced a new Projects feature that makes it easier for businesses to manage who has access to various AI tools. Companies should find it easier to stick to their budgets with the new cost-saving features, according to OpenAI. One such feature is the ability to use a Batch API to reduce spending by up to 50%.

Although the OpenAI announcement this week isn’t as exciting as a new GPT-4 version or text-to-video generation capabilities, it’s still significant. With OpenAI’s toolset, businesses all over the world are developing a wide range of AI tools for both internal and external use. If certain essential security and cost-savings improvements aren’t made, those businesses might look elsewhere or, worse yet, decide against pursuing AI projects altogether.

Security improvements may be especially important to companies and employees, as well as the eventual customers using their AI tools. If AI can deliver stronger security features, both company and user data is safer.

OpenAI stated that its new features not only address security and cost-savings, but also some of the requests made by its customers. Ingesting 10,000 files into AI tools is now possible for businesses, compared to just 20 files earlier. Additionally, according to the company, OpenAI’s platform should be less expensive to run and easier to use thanks to new file management features and the ability to control usage on the go.

Now accessible are all of OpenAI’s new API features. The company intends to continue enhancing its platform with cost-saving and security features in the future.

Categories: Technology
Kajal Chavan:
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