09:54 AM EDT, 04/12/2024 (MT Newswires) -- Microsoft ( MSFT )-backed (MSFT) OpenAI Chief Executive Sam Altman has hosted events this month in San Francisco, New York and London with hundreds of Fortune 500 company executives to demonstrate artificial intelligence services for corporate use, Reuters reported Friday.

At each event, Altman and OpenAI Operations Chief Brad Lightcap provided product demonstrations including ChatGPT Enterprise, software to connect customer applications to its AI services known as APIs, and its new text-to-video models, the report said.

OpenAI and Microsoft ( MSFT ) declined Reuters' requests for comment.

Neither Microsoft ( MSFT ) nor OpenAI immediately responded to MT Newswires' requests 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.)

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