🚀 OpenAI lands its biggest customer

Thursday’s top story: PwC has signed an agreement with OpenAI to give ChatGPT Enterprise to its employees and clients, making it OpenAI’s biggest customer.

Read Time: 5 minutes

Our Report: PricewaterhouseCoopers (PwC)—one of the ‘big four’ accounting firms—has signed an agreement with OpenAI to give ChatGPT Enterprise (the business version of ChatGPT) to its employees and clients.

🔑 Key Points:

🤔 Why you should care: The agreement between OpenAI and PwC marks the first time OpenAI has agreed to a resale model, as it tries new revenue-making avenues, in the face of huge computing bills.

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Our Report: The EU has announced a 140-member “AI Office”--filled with technical experts, lawyers, political scientists, and economists–to regulate AI developments and enforce its newly approved AI law (the world’s first risk-based regulatory framework to govern AI), which is expected to come into force by the end of July.

🔑 Key Points:

🤔 Why you should care: Three of the AI office’s five units are focused on AI innovation and uptake, while just two are focused on safety and regulatory compliance, which is no doubt an effort by the EU to placate homegrown AI developers—who have complained that AI rules stifle innovation—but concerns remain about how new AI developments will affect safety and should this be more of a priority?

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Our Report: All ChatGPT users–whether they’re on a paid subscription or not–will now be able to use custom-built GPTs from the GPT store, and utilize other advanced features, that they previously had to pay for.

🔑 Key Points:

🤔 Why you should care: OpenAI has done this in line with its “mission to make AI technology accessible to all”, possibly a move to refute Elon Musk’s lawsuit, which states that it broke its founding agreement to share its technology with the public and help humanity.

Our Report: French AI startup, Mistral (backed by Microsoft and valued at $6B), has released its first AI model for coding, called Codestral, designed to help developers write and work with code.

🔑 Key Points:

🤔 Why you should care: Although 44% of developers use AI tools in their development process, a study—which analyzed over 150M lines of code—found that AI developer tools, like Codestral, are pushing inaccurate and wrong code to codebases or giving wrong answers to coding questions (over half the answers ChatGPT gives to programming questions are wrong) amplifying bugs and software security issues.

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Until next time, Martin & Liam.

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