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OpenAI rolls out Enterprise ChatGPT
Plus: Samsung builds AI recipe app
Wesley McKnight
September 01, 2023
Happy Friday! Here is what we got for you today:
🔄 OpenAI rolls out Enterprise ChatGPT
🎨 A16z joins the AI frenzy
🥘 Samsung builds AI recipe app
Has that pesky post-send regret ever haunted you after dispatching a crucial email only to discover an embarrassing typo? Say goodbye to those mortifying moments with Grammarly.
OpenAI has rolled out its new and improved ChatGPT Enterprise, a solution designed to meet businesses' security, speed, and privacy needs everywhere.
Key Points:
Rapid Adoption: Within 9 months of launch, ChatGPT is already in use at over 80% of Fortune 500 companies.
Top-Tier Security: Responding to prior data concerns, ChatGPT Enterprise emphasizes data protection. Customer chats won't be used for OpenAI model training and boasts AES 256 encryption and SOC 2 compliance.
Enhanced Features: From shared chat templates for cohesive enterprise workflows to GPT-4 32k access for more extensive context windows, businesses can expect a smoother and more integrated experience.
For All Business Sizes: OpenAI is not just focusing on the big players. A self-service ChatGPT Business model for smaller teams is in the pipeline.
Admin-Friendly Tools: Deploy on a large scale with ease using an admin console, SSO, domain verification, and a comprehensive analytics dashboard.
Note: OpenAI's announcement comes on the heels of Microsoft's "Private ChatGPT" stir, the details of which are still under wraps.
A16z Joins in Backing Ideogram AI's Creative Endeavors: The text-to-image AI generator is the latest entrant to a competitive AI sector.
Key Points:
Investment Insight: Andreessen Horowitz (A16z) and Index Ventures co-lead a robust $16.5m seed financing round for Ideogram AI. Other participants include AIX Ventures, Golden Ventures, Two Small Fish Ventures, and several industry specialists.
Ideogram's Vision: Aiming to revolutionize creative expression, Ideogram focuses on making it more accessible, fun, and efficient with its state-of-the-art AI tools.
Unique Selling Proposition: Ideogram touts an AI model for generating images from simple text descriptions, positioning themselves with a commitment to creativity, trust, and safety.
Expert Team: Their lineup boasts of world-renowned AI experts who've previously been involved in projects like Google's Imagen.
Stiff Competition: VentureBeat notes Ideogram's reliable text generation could set it apart, especially for logo design and similar applications.
Text-to-Image AI Evolution: Before the AI chatbot boom, text-to-image generators, like OpenAI's DALL-E, were the talk of the town.
Samsung takes a step into the culinary world with the launch of "Food," a smart recipe app powered by advanced AI. Based on Whisk's vast food database, which Samsung acquired previously, this app seems to be a scrumptious addition, especially for homes equipped with Samsung's smart kitchen appliances.
Key Points:
Global Launch: Available in 104 countries and in 8 languages.
Mammoth Recipe Database: 160,000+ recipes at launch, with more on the way.
Device Compatibility: Use on mobile phones or Samsung Family Hub smart appliances.
Smart Shopping: Automatically create shopping lists from saved recipes and send them to retailer's checkout.
Tailored Recommendations: AI provides recipe suggestions based on ingredients you have, and allows personalization – even turning regular recipes into vegan or vegetarian versions.
Fusion Cooking: Fancy a Korean-Italian dish? The app lets you merge cuisines, and even adjust cook time or skill level!
Connected Cooking: Transfer cook settings and preheat ovens directly through the app for a seamless cooking experience.
Quick Hits
China's medical AI sector is growing rapidly, with a focus on large language model (LLM)-based applications.
OpenAI proposes using its ChatGPT conversational AI agent in classrooms with special tutor prompts to help language learners formulate test questions and teach critical thinking.
Virginia Tech and Microsoft Introduce Algorithm of Thoughts.
BeFake, a social networking app that uses AI to augment photos, raises $3 million in seed funding.
Tools of the Week
Funding Friday
Guess what? It is another funding Friday. Let’s jump in and see where the money is going.
Ideogram got $16.5 million to create free text-to-image tool
ConverSight got $9 million to provide quick data analysis with generative AI
Ikigai Labs got $25 million to unlock the power of generative AI for tabular data
