financetom
Business
financetom
/
Business
/
Market Chatter: Microsoft-Backed OpenAI Experiences Surge in Demand For ChatGPT Enterprise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Microsoft-Backed OpenAI Experiences Surge in Demand For ChatGPT Enterprise
Apr 4, 2024 11:58 AM

02:35 PM EDT, 04/04/2024 (MT Newswires) -- Microsoft ( MSFT ) -backed OpenAI is experiencing a rising demand for the corporate version of its ChatGPT, Bloomberg News reported Thursday, citing OpenAI Chief Operating Officer Brad Lightcap.

Registered users for ChatGPT Enterprise increased to over 600,000 from about 150,000 in January, according to the report.

"We're just seeing tremendous momentum," Lightcap was quoted as saying.

OpenAI did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 424.39, Change: +3.94, Percent Change: +0.94

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
KKR, GIC hire banks to sell stakes in $3.2 bln Metro Pacific Health, sources say
KKR, GIC hire banks to sell stakes in $3.2 bln Metro Pacific Health, sources say
Sep 24, 2024
SINGAPORE, Sept 24 - KKR & Co ( KKR ) and Singapore sovereign wealth fund GIC have appointed Bank of America ( BAC ) , Jefferies and UBS to sell their majority stake in the Philippines' Metro Pacific Health in a deal that could value the company at $3.2 billion, three people with knowledge of the matter said. A sale...
Generations Bancorp's $26.2M Sale To ESL Federal: Big Payouts Await Shareholders As Bank Prepares For Liquidation
Generations Bancorp's $26.2M Sale To ESL Federal: Big Payouts Await Shareholders As Bank Prepares For Liquidation
Sep 24, 2024
Generations Bancorp NY, Inc. ( GBNY ) shares are trading higher premarket Tuesday. The company agreed to sell most of its assets and liabilities, including deposits, to ESL Federal Credit Union for $26.2 million in cash. Generations Bank will retain its equity at the effective time of the P&A transaction, with some adjustments. The Boards of Directors of ESL Federal...
Bluebird Bio to Reduce Workforce by 25% as Part of Restructuring
Bluebird Bio to Reduce Workforce by 25% as Part of Restructuring
Sep 24, 2024
07:49 AM EDT, 09/24/2024 (MT Newswires) -- bluebird bio (BLUE) said Tuesday that it is launching a restructuring plan to reduce its workforce by 25%. The company said the layoffs and other measures will bring it to quarterly cash flow break-even in H2 of next year and reduce cash operating expenses by 20% in Q3 of next year. Chief Executive...
GFL Environmental Plans $210 Million Bond Offering to Refinance Florida Waste Facilities
GFL Environmental Plans $210 Million Bond Offering to Refinance Florida Waste Facilities
Sep 24, 2024
07:56 AM EDT, 09/24/2024 (MT Newswires) -- GFL Environmental ( GFL ) said Tuesday it plans to participate in an offering of $210 million of solid waste disposal revenue bonds from Florida Development Finance. Proceeds from the offering will be loaned to the company's subsidiary to finance or refinance certain solid waste disposal facilities in Florida. The company also said...
Copyright 2023-2026 - www.financetom.com All Rights Reserved