Microsoft is working on a privacy-focused version of ChatGPT for the healthcare and financial industries, a new report says.
Microsoft may be considering releasing a privacy-focused version of ChatGPT to attract industries such as healthcare, finance, and banking that have so far shied away from using these models for fear of exposing their data.
According to the information website, Microsoft’s Azure cloud unit wants to release a version of ChatGPT that runs on cloud servers, and its data is kept separate from the data of other users. The data of these servers will not be connected to the main ChatGPT system in order to preserve the privacy of users. But this version will probably be 10 times more expensive than what is currently available.
A privacy-focused version of ChatGPT, likely to follow in the second quarter of 2023, will be built to appeal to businesses such as banks, financial services, and healthcare institutions. Until now, these businesses had not moved towards using this artificial intelligence chatbot because they were afraid that their employees would mistakenly provide sensitive information about the organization to the chatbot.
Gaining the trust of businesses to use the ChatGPT chatbot
OpenAI has already sold a private version of its chatbot ChatGPT to Morgan Stanley Bank. This system helps the capital management unit of this bank to get help from artificial intelligence in analyzing thousands of research documents.
In a separate report, Bloomberg says that Samsung has banned the use of chatbots such as ChatGPT or Bard on work devices. This decision was made in the context that one of the company’s employees gave a part of Samsung’s internal source code to ChatGPT in April.
Now this service can solve the concerns of companies in this field. Based on its cooperation and investment agreement in OpenAI, Microsoft can sell the company’s products under certain conditions. As a result, it is now said that some Microsoft sales experts are talking to organizations to sell this new version of ChatGPT.