Microsoft is reportedly testing a new privacy-focused ChatGPT.
But, instead of offering the new version to the public, Microsoft allegedly plans to sell the new private ChatGPT to banks and other businesses.
There's no denying that ChatGPT is very useful. But, despite its popularity, banks and other companies are avoiding it.
This is because of the leak information issues that ChatGPT recently experienced.
Now, The Information claimed that Microsoft is working on a new privacy-focused ChatGPT that businesses can use in their systems.
Privacy-Focused ChatGPT Now Tested by Microsoft!
According to Tech Radar's latest report, Microsoft invested billions of dollars into OpenAI.
This gives the software giant the right to resell ChatGPT technologies. Microsoft is reportedly taking advantage of its rights to OpenAI's artificial intelligence model.
The rumored privacy-focused ChatGPT is expected to be announced by Microsoft in the 2nd quarter of 2023.
People familiar with Microsoft's AI activities believe that this new ChatGPT version would be 10 times more expensive than the original one.
Once it is completed, the new private ChatGPT can be used by banks, medical establishments, and other businesses that are very sensitive when it comes to data security.
Private ChatGPT's Importance
Microsoft's upcoming private ChatGPT is expected to give clients the peace of mind that their sensitive data won't be leaked to the chatbot's main system.
To do this, Microsoft will reportedly run the privacy-focused ChatGPT on dedicated servers.
This will separate businesses from other users using the original ChatGPT, which is plugged into Windows, Edge, and other Microsoft products.
Thanks to this innovation, the sensitive data of banks and other potential clients would be kept safe.
This means the main ChatGPT will not be able to use its data for AI training purposes. Aside from this, the privacy-focused AI chatbot will also prevent inadvertent data leaks.
You can click this link to learn more about the new privacy-focused ChatGPT.
In other news, the AI-generated Michael Jackson cover of "Treasure" recently went viral on TikTok.
Meanwhile, numerous financial experts claimed that artificial intelligence would drastically change the banking industry.
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