While some businesses have welcomed OpenAI‘s ChatGPT to automate their operations, banks and other corporations have refrained from adopting it over privacy concerns, believing that their staff might unintentionally disclose confidential data while using it.
Well, Microsoft has the plan to onboard these organisations. As reported by The Information, Microsoft plans to provide a privacy-centric variant of the ChatGPT to major corporations like banks and healthcare providers who prioritise data protection and regulatory conformity.
Microsoft’s “multi-year, multi-billion dollar investment” in OpenAI entitles the company to resell OpenAI’s products, which includes ChatGPT.
According to the report, the upcoming product, expected to be announced “later this quarter,” would operate ChatGPT on dedicated servers, different from the ones used by the public version of ChatGPT, which is used by most users, and is incorporated into Microsoft’s products, such as Edge and Windows. This would ensure that confidential information is not used to train ChatGPT’s language model and may prevent unintended data disclosures.
According to a report from Bloomberg, Samsung has reportedly prohibited its workers from using chatbots like ChatGPT and Google’s Bard on their company devices due to an incident where an employee fed confidential “internal source code” to ChatGPT. Other major corporations, such as Citigroup, JPMorgan Chase, Goldman Sachs, and Verizon, have also reportedly taken similar action on the use of generative AI in the workspace
However, there is a catch, this ‘private’ version of ChatGPT may come with a significantly higher price tag, as the cost will be high for its deployment. As per the report, the exclusive instances “may carry a price tag that is up to 10 times more than what clients currently pay for using the standard version of ChatGPT.”
Reportedly, OpenAI is also developing a similar offering to Microsoft’s ‘private’ ChatGPT, which will also be released “in the coming months.” The subscription-based service, by default, will not use the input provided by a company’s employees and clients to train its language models.
After a ban in Italy, OpenAI introduced an option to turn off the chat history, so none of the user input will be used for training the AI model. “We’ve introduced the ability to turn off chat history in ChatGPT. Conversations that are started when chat history is disabled won’t be used to train and improve our models, and won’t appear in the history sidebar,” said the company.
Well, Microsoft has the plan to onboard these organisations. As reported by The Information, Microsoft plans to provide a privacy-centric variant of the ChatGPT to major corporations like banks and healthcare providers who prioritise data protection and regulatory conformity.
Microsoft’s “multi-year, multi-billion dollar investment” in OpenAI entitles the company to resell OpenAI’s products, which includes ChatGPT.
According to the report, the upcoming product, expected to be announced “later this quarter,” would operate ChatGPT on dedicated servers, different from the ones used by the public version of ChatGPT, which is used by most users, and is incorporated into Microsoft’s products, such as Edge and Windows. This would ensure that confidential information is not used to train ChatGPT’s language model and may prevent unintended data disclosures.
According to a report from Bloomberg, Samsung has reportedly prohibited its workers from using chatbots like ChatGPT and Google’s Bard on their company devices due to an incident where an employee fed confidential “internal source code” to ChatGPT. Other major corporations, such as Citigroup, JPMorgan Chase, Goldman Sachs, and Verizon, have also reportedly taken similar action on the use of generative AI in the workspace
However, there is a catch, this ‘private’ version of ChatGPT may come with a significantly higher price tag, as the cost will be high for its deployment. As per the report, the exclusive instances “may carry a price tag that is up to 10 times more than what clients currently pay for using the standard version of ChatGPT.”
Reportedly, OpenAI is also developing a similar offering to Microsoft’s ‘private’ ChatGPT, which will also be released “in the coming months.” The subscription-based service, by default, will not use the input provided by a company’s employees and clients to train its language models.
After a ban in Italy, OpenAI introduced an option to turn off the chat history, so none of the user input will be used for training the AI model. “We’ve introduced the ability to turn off chat history in ChatGPT. Conversations that are started when chat history is disabled won’t be used to train and improve our models, and won’t appear in the history sidebar,” said the company.
window.TimesApps = window.TimesApps || {}; var TimesApps = window.TimesApps; TimesApps.toiPlusEvents = function(config) { var isConfigAvailable = "toiplus_site_settings" in f && "isFBCampaignActive" in f.toiplus_site_settings && "isGoogleCampaignActive" in f.toiplus_site_settings; var isPrimeUser = window.isPrime; if (isConfigAvailable && !isPrimeUser) { loadGtagEvents(f.toiplus_site_settings.isGoogleCampaignActive); loadFBEvents(f.toiplus_site_settings.isFBCampaignActive); } else { var JarvisUrl="https://jarvis.indiatimes.com/v1/feeds/toi_plus/site_settings/643526e21443833f0c454615?db_env=published"; window.getFromClient(JarvisUrl, function(config){ if (config) { loadGtagEvents(config?.isGoogleCampaignActive); loadFBEvents(config?.isFBCampaignActive); } }) } }; })( window, document, 'script', );
For all the latest Technology News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
