OpenAI has recently unveiled ChatGPT Team, a new offering aimed at enabling teams of all sizes to leverage the power of their language model technology. With entry-level pricing and features, ChatGPT Team is designed to cater to the needs of businesses and developers working in smaller teams.
Priced at $25 per month per user billed annually, or $30 per month per user billed monthly, ChatGPT Team provides affordable access to OpenAI’s models and tools. This offering comes as a response to the overwhelming interest from businesses and developers after the launch of ChatGPT Enterprise, which targeted larger organizations.
ChatGPT Team includes several key features, such as access to GPT-4 with a 32K context window, tools like DALL-E 3 and GTP-4 with Vision for advanced data analysis, and a secure workspace for team collaboration. Users will also have the ability to create and share custom GPTs within their workspace and enjoy early access to new features.
While ChatGPT Team offers great value for collaborative use, it does have some differences compared to ChatGPT Enterprise. Notable omissions include features like SSO, domain verification and analytics, API credits for building custom solutions, and internally shareable chat templates.
OpenAI’s push to integrate AI into everyday workflows aims to boost team productivity and collaboration. Beta tester John Brownstein, Chief Innovation Officer at Boston Children’s Hospital, praised the innovative capabilities of ChatGPT Team, highlighting its positive impact on his team’s productivity.
In addition to ChatGPT Team, OpenAI announced the introduction of ChatGPT Store. This platform enables users to purchase popular versions of GPT customized by other users, further expanding the availability and customization options of their language model technology.
The rapid commercialization of ChatGPT and the potential of the GenAI market have captivated industry experts. According to Bloomberg Intelligence, the GenAI market could grow to $1.3 trillion in the next decade. OpenAI’s annual revenue was reported by The Information to be $1.3 billion, a remarkable figure for a company that launched its ChatGPT just a year ago. Additionally, OpenAI is reportedly in talks to raise new funding at a valuation surpassing $100 billion.
As OpenAI navigates the dynamic and thriving generative AI space, industry analysts are recognizing the company’s significant role in shaping the future of AI technology and its potential for continued success and innovation.
The source of the article is from the blog newyorkpostgazette.com