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OpenAI launches ChatGPT Enterprise for
  + stars: | 2023-08-28 | by ( Catherine Thorbecke | ) edition.cnn.com   time to read: +3 min
OpenAI unveiled the new service, dubbed “ChatGPT Enterprise,” in a company blog post and said it will be available to business clients for purchase as of Monday. Before the launch of ChatGPT Enterprise, a number of prominent companies including JPMorgan Chase had implemented temporary restrictions on workplace use of ChatGPT. ChatGPT Enterprise, however, addresses one of the core issues that led to the workplace clampdowns: privacy and security concerns. OpenAI’s announcement blog post for ChatGPT Enterprise, meanwhile, states that it does “not train on your business data or conversations, and our models don’t learn from your usage.”OpenAI did not publicly disclose the pricing levels for ChatGPT Enterprise, instead asking potential business clients to contact its sales team. “We look forward to sharing an even more detailed roadmap with prospective customers and continuing to evolve ChatGPT Enterprise based on your feedback,” the company said.
Persons: OpenAI, JPMorgan Chase, “ We’re onboarding, , It’s Organizations: CNN, ChatGPT Enterprise, Companies, Fortune, ChatGPT, JPMorgan, Microsoft, Bing Locations: America, ChatGPT, OpenAI
I then joined a new startup and two acquisitions later, I became director of engineering in one of the biggest European wearable offices of Google. Here are five things I learned — I hope that they will help you grow in your career as well. AdvertisementAdvertisementEvery time your stakeholders, manager, job changes or enough time passes by, you need to prove your worth again. Get your manager to partner with you on your career growth and they will most likely help you identify opportunities. Daniel Rizea is a director of engineering at Google who writes about management and leadership in tech.
Persons: Daniel Rizea, Rizea, me, Daniel Organizations: Google, Management
Citadel is completely rebuilding a new platform for all of the hedge fund's reference data. The platform is currently being rolled out and will let the fund move into new asset classes faster. Now, the migration to a new reference-data platform is underway. With the new solution, Citadel says, it will be able to move into new asset classes much faster. With the new platform, Citadel can respond when new asset classes come into the market.
Persons: Rituraj Deb Nath, Deb Nath, Robert Tan, Tan, It's, Goldman Sachs, There's Organizations: Citadel, Citadel Securities, Google, Bank of America
All of Ukraine's recruitment chiefs were fired after an investigation revealed widespread corruption. Officials who recruited troops accepted bribes up to $10,000 to help people dodge the draft. President Volodymyr Zelenskyy called the actions "treason" and has initiated criminal proceedings. In actions the Ukrainian president labeled "treason," the recruitment chiefs in charge of onboarding new soldiers who had been drafted instead accepted bribes to help men avoid conscription and escape the war-torn country, Zelenskyy said in a statement. "This system should be run by people who know exactly what war is and why cynicism and bribery during war is treason," Zelenskyy said.
Persons: Volodymyr Zelenskyy, Zelenskyy, , Mark A Organizations: Service, Ukraine's Ministry of Defense, Ukrainian Army, Joint Chiefs of Staff Locations: Wall, Silicon, Bakhmut, Russia, Ukraine
In this article UPWK Follow your favorite stocks CREATE FREE ACCOUNTMemorystockphoto | Istock | Getty ImagesFor organizations creating a long-term strategy around generative artificial intelligence, the technology has the capacity to create jobs for humans, not just automate them. Then there are even more nuanced roles, such as AI ethicists (whose job is, essentially, to maintain a responsible AI framework). Not only are there more types of jobs as a result of the generative AI boom, but companies are actually hiring more because of the generative AI surge. That's why experts say upskilling existing employees is essential to any organization's AI integration. AI is fast — business consulting firm Accenture's report on so-called "AI maturity" predicts that AI transformation will occur 13% faster than overall digital transformation through 2024.
Persons: Margaret Lilani, upskilling, Ger Doyle, Doyle, " Doyle, Lilani, onboarding, it's Organizations: Istock, AI, Hire, SAS, Talent Survey
Edtech venture capital funding in 2023 may be on pace for its lowest annual total since 2016. The one exception to this edtech funding dropoff is in AI tools for education and upskilling. This puts the estimated total funding for 2023 at only $3.5 billion, the lowest annual total since 2016, according to HolonIQ. Additionally, there has not been a single edtech "mega round," or a startup funding round valued at over $100 million since 2022, with the exception of the Indian edtech unicorn Byju's $250 million fundraise this spring. Pujji and Mushin also indicated that AI edtech deals were the exception in this slowdown period.
Persons: VCs, It's, Vinny Pujji, Iynna Halilou, Leeor Mushin, Avalanche's Katelyn Donnelly, Mushin, they've, Chegg's, Cheggmate, Khan, Pujji Organizations: Left Lane Capital, Global, Bloomberg, Investors
Salesforce Chief People Officer Brent Hyder is leaving the company. His exit was announced in an internal Slack message viewed by Insider. Salesforce Chief People Officer Brent Hyder is leaving the company, according to an internal message viewed by Insider. "It's with mixed emotions that I share Brent Hyder has decided to leave Salesforce to pursue a new opportunity," Chief Operating Officer Brian Millham wrote in an internal Slack message. I'm proud of all that we've accomplished together — within the company and within our communities," Hyder wrote in an internal message.
Persons: Brent Hyder, Hyder, Salesforce, Brian Millham, Brent, Nathalie Scardino, I've, , It's, Slack, Ashley Stewart Organizations: Salesforce
"So why not be in a situation where you're just much more ready in case you...need to access this discount window?" An analysis of Fed data by Reuters, though, shows a lot still needs to be done to meet that goal. All told, about 3,800 banks borrowed from the discount window during the 11-year period detailed in the central bank data. The biggest banks also stepped up to borrow so as to reduce discount window stigma. Minneapolis Fed President Neel Kashkari said small banks should think of the discount window as a backup.
Persons: Brittany Hosea, Jerome Powell, I’ve, Lorie Logan, Banks, Goldman Sachs, Huberto Ennis, Michelle Bowman, Brad Tidwell, SVB, Austan Goolsbee, Richmond Fed's Ennis, Neel Kashkari, Ann Saphir, Michael S, Andrea Ricci Organizations: Bank, REUTERS, Federal Reserve, Reuters, Dallas, U.S, Fed, Reuters Graphics Reuters, Richmond Fed, National Credit Union Association, Chicago Fed, Federal Home Loan Bank, Minneapolis, Home Loan Bank, Thomson Locations: Santa Clara , California, U.S, Silicon, Washington, While California, Texas, Logan's, New Mexico, Louisiana, Henderson , Texas
Statista identified 40 firms as top digital payments companies. While digital payments is often the area that draws most investor buzz, lending generates more money in financial services. Statista identified 25 fintech companies that fall into the category of top alternate lending firms. They include American small business lending firm Biz2Credit, Irish e-commerce lending company Wayflyer, and Latvian loan refinancing startup Mintos. Digital business solutions
Persons: Monzo, there's, Statista, Afterpay, It's, Binance, eToro, Equity crowdfunding, hasn't, Peter Hazlehurst Organizations: JPMorgan —, Orange, Digital, U.S, SEC, European, Education, Equity, Republic, Tech, Federal Reserve, Bank of England, CNBC, Solaris Locations: fintech, Europe, Nigeria, Orange, Africa, Terra, U.S, Cayman Islands, American, Latvian, U.K
Jonathan Javier is a former product operations analyst at Google, Snap, and Cisco. I graduated from UC Riverside and always wanted to work in the tech industry in non-tech roles focusing on strategy, sales operations, and advisory. Cisco: Go-to-market strategy and operations analyst$90,000 base salary + $10K bonus + $20K stock optionsI left Google for Cisco for two main reasons. You need to build your network early on to land your dream jobBuilding your network early on makes a big difference in job hunting. That's why it pays off to build the network early on.
Persons: Jonathan Javier, Jonathan, Snapchat, It's, Aria Yang Organizations: Google, Cisco, UC Riverside, LinkedIn, Meta, Network Locations: Snapchat
Georgia Austin started freelancing on Fiverr in April 2020 and made up to $27,000 a month in a year. She hired freelance writers to meet client demand on Fiverr in 2021 and started her own agency. I started freelance copywriting on Fiverr in April 2020 after I saw a TikTok by Alexandra Fasulo. I use key words to improve SEOI used key words in my gig titles and descriptions to help my listings rank higher in the Fiverr search results. Basically, I'd use Fiverr as a buyer and type in different key words to see what would come up.
Persons: Georgia Austin, Austin, I'm, who's, Alexandra Fasulo, Betty, , I'd, I've, that's, they'd, it's Organizations: American Express, Toshiba, Rebel, Nike Locations: Brazil, Fiverr
I focused on a client nicheI started working as a virtual assistant in January 2021. I connected with clients organically on InstagramI put all my time and effort into making my Instagram profile engaging. I'd find clients I wanted to work with and comment on their posts and respond to their Instagram stories. I'd have about five or six clients on the go at a time, and I'd work for each one every day. With each client, I'd explain on the call that I had a minimum length of four months for each contract.
Persons: Shannon Blanchard, Blanchard, , What's, I'd, Jessica Hawks, creatives, they'd, I've Locations: Minneapolis, TikTok
A new report from the Consumer Financial Protection Bureau looks at employer-driven debt. The report finds that employers are saddling workers with thousands in debt for training and supplies. On Thursday, the Consumer Financial Protection Bureau released a report detailing the impact of training repayment agreement provisions, or TRAPs. The watchdog said it will continue to evaluate how companies are using TRAPs to determine whether they are violating consumer financial laws. "TRAPs impose significant financial burdens on workers and foster monopsony in labor markets by reducing worker mobility and bargaining power.
Persons: onboarding, hasn't, Nurse E, E, , Persis Yu Organizations: Consumer Financial, Service, Biden, Federal Trade Commission, FTC, Protection Locations: Wall, Silicon, America
Sam Altman, chief executive officer of OpenAI, parent company of ChatGPT, warns AI poses risk of human extinction, and Geoffrey Hinton, known as the "godfather of AI," cautions that AI can bring a dangerous future. These AI leaders and others support intervention from the federal government and other industry leaders before AI proliferates throughout society. With rapid growth, Palmer said companies of all sizes need to track AI efforts and disclose the information publicly. After a company has established metrics for tracking AI, or even while it's figuring that out, companies need to do a risk assessment for AI, Palmer said. "Within most companies, AI doesn't have an owner," Palmer said.
Persons: Sam Altman, Geoffrey Hinton, Altman, Asha Palmer, Palmer, Genies, Akash Nigam, Nigam, we've, ChatGPT, François, Candelon, Let's Organizations: OpenAI, CNBC, Google, Microsoft, Samsung, Organization for Economic Cooperation, IT, Boston Consulting Group's Henderson Institute Locations: Washington , DC, OpenAI, Japan
Amid preparing to launch new features, Meta is offering tips to creators on what to post. Despite its early success, Threads needs more content, and therefore, creators, to keep up its momentum. Meta also includes its own "Meta" pun in the email, prompting creators to "Get ~Meta~ About Being On Threads," and post about the platform, per the email. Creators love Threads and Meta, according to Meta. "The content ideas like watch parties and live commentaries are a great way for me as a talent manager to build relationships with brands that are on the platform," the talent manager said.
Persons: Meta hasn't, Gabrielle Union, Gordon Ramsey, Matt Steffanina, Meta Organizations: Meta, Netflix, Backstreet Boys
Instagram's new app, Threads, already has more than 100 million users. Insider is sharing the 13-page document Instagram is sending to some creators explaining the app and upcoming features. The 13-page document shared with Insider specifically names three updates coming to trends and topics, search, and messaging. The document shared with content creators and talent managers hints that integration with Mastodon should be coming soon. Here's a look at the exclusive 13-page document:
Persons: Instagram, Lia Haberman, Adam Mosseri, Mosseri, We're, Meta Organizations: Meta, UCLA, ActivityPub
Preston Arsement is a YouTuber and founder of media company TBNR, which runs 18 YouTube channels. In December 2022, he hired a brand partnerships manager to negotiate brand deals in-house. In late 2022, Arsement made a move to scale his organization further, and began negotiating partnerships in-house. And other social-media personalities have brought brand deals in-house like Israeli YouTuber Nas Daily and travel creators Yes Theory. "The competition, if there there is any, goes to the other talent that are part of the TBNR brand," Arsement said.
Persons: Preston Arsement, he's, Arsement, Brianna, Keeley, TBNR, Forbes, Tyler Wentz, Nas, onboarding Wentz, Wentz, Tyler, they're, It's Organizations: Preston, Night, TBNR, GameStop Locations: Dallas, TBNR
Advertisers are eagerly watching how Meta's new Threads messaging app develops over the next few months as they look for a new social channel to reach consumers while Twitter continues to struggle. Meta is currently more focused on building the core Threads product as opposed to monetizing the app, Instagram head Adam Mosseri has said in various interviews and a post on Threads. "It's the most instant onboarding experience I've ever experienced in the history of my career, and my entire career has been in social," Tipograph said. Although it was easy for current Instagram users to create Threads accounts, he said, it's unclear how active they will be on the service. Since Threads is so new, it's unclear which kind of audience Threads is attracting, Tipograph said.
Persons: Natasha Blumenkron, Elon Musk, Blumenkron, Adam Mosseri, Mosseri, Rachel Tipograph, MikMak, Linda Yaccarino, Tipograph, It's, I've, Tal Jacobson, Jacobson, Instagram's Mosseri, Brian Wieser, Wieser, Angelo Carusone, Instagram, Carusone, Musk, Nick Fuentes, antisemite, isn't Organizations: Twitter, CNBC, Tesla, Meta, Perion, Companies, Media Matters, America, Media, Free Press, Tech, Facebook Locations: Instagram
A former Meta worker said he went surfing on a work day because he didn't have any assignments. A former Meta worker said he had so much free time when he was hired onto the tech company that he once went surfing on a work day. The worker is one of many to point to a culture of "fake work" and "lazy management" in Silicon Valley. Earlier this year, a former Meta employee went viral on TikTok after she said she "had to fight to find work" at the company. The Meta worker said he was eliminated in the company's first round of layoffs.
Persons: Keith Rabois, that's Organizations: Meta, PayPal Mafia, Google Locations: Silicon Valley, San Francisco, Meta's
Artificial intelligence tools aren't just a convenient way to complete homework assignments or edit your selfies and videos. An AI tool called Jasper, for example, is already helping Kristen Walters create digital products like workbooks, e-books and audiobooks. "Small businesses can use AI tools to target their marketing and advertising efforts more effectively ... Don't upload any confidential information to an AI tool, experts say: It'll store, analyze and learn from everything you input. "The wonderful thing is, today, all we have to do is search 'how to improve my small business with AI tools,'" she says.
Persons: Matt Higgins, Higgins, It's, , Susan Gonzales, Kristen Walters, Walters, Jasper, Gonzales, Jacqueline DeStefano, DeStefano, Tangorra Organizations: RSE Ventures, CNBC, Management, Entrepreneurship, Omni Business Intelligence Solutions Locations: PwC, Jasper
Sure, you can currently Venmo or Zelle your friends instantly, but the banking system hasn’t kept up. Most transfers currently run on old systems that take hours, or even days, to process the money. Kevin Jacques: It’s a network that lets banks transfer money between themselves and between the account holders at the different banks in a near-instant way. The increase in average hourly earnings remained at 0.4% month on month, unchanged from May; and is up about 4.4% from last year. Instagram has more than two billion users, far more than the 238 million users Twitter reported having in the months before Musk took over.
Persons: New York CNN — FedNow, hasn’t, Bell, Kevin Jacques, It’s, You’ve, heartened, Payrolls, Job, Rucha Vankudre, Alicia Wallace, , We’re, , Joseph Davis, Jerome Powell, Candice Tse, Elon Musk, Mark Zuckerberg, Zuckerberg, Musk, Brian Fung, Instagram Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Cota Capital, Fed, There’s UPI, Silicon Valley Bank, , Vanguard, Goldman Sachs Asset Management, Meta, Twitter Locations: New York, India, Brazil, Silicon
The internet is rife with conversations about the release of generative artificial intelligence tools like ChatGPT and what changes they could ultimately lead to in the job market. Meanwhile, early adopters of these AI tools are finding them to be a big help when it comes to day-to-day tasks. Jacqueline DeStefano-Tangorra, CEO and founder of boutique consulting firm Omni Business Intelligence Solutions, started experimenting with ChatGPT as a way to analyze her poetry. She learned how to tailor prompts and started figuring out ways to adopt it and other AI tools to make her more efficient at work. Here are three generative AI tools DeStefano-Tangorra would recommend trying for various administrative tasks.
Persons: Goldman Sachs, Jacqueline DeStefano, DeStefano, Tangorra, ChatGPT, . DeStefano Organizations: Omni Business Intelligence Solutions, Google, Microsoft
Washington CNN —In less than 48 hours, Meta’s Twitter rival Threads has surpassed 70 million sign-ups, upended the social media landscape and appears to have rattled Twitter enough that it is now threatening legal action against Meta. By promoting Threads through Instagram, and by sharing Instagram user data with Threads to let people instantly recreate their social networks, Meta has significantly greased the onboarding process. The issue isn’t limited to the realm of social media. Rather than viewing it through the lens of a social media market, one helpful way to look at the issue is from the perspective of the advertising market, he said. That could lead to further antitrust scrutiny for Meta even if the question about competition in social media is ambiguous.
Persons: Elon, Meta, Mark Zuckerberg, , Instagram, Musk, ” Reddit, Alexis Ohanian, Ohanian, Agustin Reyna, Reyna, Adam Mosseri, Geoffrey Manne, ” Manne, Zuckerberg, Manne, Jeff Blattner, Mosseri, Charlotte Slaiman, Organizations: Washington CNN, Meta, Twitter, EU, Google, Center for Law Locations: Europe, Brussels, Portland , Oregon, Washington
The platform is currently being rolled out and will let the fund move into new asset classes faster. Now, the migration to a new reference-data platform is underway. With the new solution, Citadel says, it will be able to move into new asset classes much faster. With the new platform, Citadel can respond when new asset classes come into the market, like cryptocurrencies or collectibles. "It's critical for our systems to accommodate growth in various asset classes and support the ever-increasing crossover between them," Tan said.
Persons: Rituraj Deb Nath, Deb Nath, Robert Tan, Tan, It's, Goldman Sachs, There's Organizations: Citadel, Citadel Securities, Google, Bank of America
Instagram's new app, Threads, launched Wednesday, a day earlier than expected. Many creators and celebrities gained early access to the new text-based app this week. Insider spoke with five sources who were granted early access to Threads, including one who spoke on the condition of anonymity. The new Instagram Threads app was briefly accessible from desktop on Wednesday. Screengrab/Threads; Insider/Sydney BradleyAt Meta this week, staffers were busy recruiting influencers and celebrities to join the app via early access.
Persons: , Lauren Godwin, Godwin, Avori Henderson, Lonnie Marts, Elon Musk, Roberto Nickson, Nickson, Sydney Bradley, Meta, Connor Franta, Gary Vaynerchuk —, Gary Vee —, Henderson, Adam Mosseri, Mosseri, Bluesky, We're, it's Organizations: Twitter, Meta, Sydney, ActivityPub Locations: influencers
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