May 29, 2024, 1:35 PM
May 29, 2024, 8:59 AM

PwC Becomes OpenAI's Largest Enterprise User in Deal to Resell ChatGPT

Highlights
  • PricewaterhouseCoopers (PwC) partners with OpenAI to become the largest enterprise user and first reseller of ChatGPT.
  • OpenAI's chatbot ChatGPT Enterprise assists PwC workers in report preparation and tax return review.
  • The collaboration signals the integration of generative AI into PwC's business operations.
Story

PwC, a big accounting company, made a deal with OpenAI to sell ChatGPT to other businesses. This is part of PwC's plan to use more AI technology. Before this deal, companies had to contact OpenAI directly to get the chatbot. Now, PwC will bring this tool to 100,000 of its workers, mostly in the U.S. PwC is also creating custom AI tools to help workers with tasks like reviewing tax returns and making reports. OpenAI released ChatGPT in 2022, which made many companies, from small ones to big tech giants like Google and Amazon, quickly start using and improving their own AI models. PwC sees the benefits of generative AI growing fast and has found over 3,000 ways to use it in their own business. This could also help their clients in many ways. PwC signed an agreement with OpenAI to offer ChatGPT Enterprise to its employees and clients. This is the first time OpenAI is selling its AI products through another company. PwC will use this technology to help clients work better and faster. They will also get access to new tools from OpenAI, like ChatGPT-4o model and features for voice and image. PwC is focusing more on AI to improve its services. They are using custom GPTs to help with tasks like reviewing tax returns and creating reports. OpenAI is happy to have PwC as a partner to sell their AI products to other businesses. This could lead to more companies using generative AI in their work. PwC's large number of employees will help OpenAI reach more users. This partnership could help businesses use AI without needing to hire more people. OpenAI wants to show that generative AI can be useful in many industries. The cost of using ChatGPT varies, but PwC is now a partner in selling this technology to other companies.

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