Latest news with #ChatGPTEnterprise
Korea Herald
3 days ago
- Business
- Korea Herald
What OpenAI's expansion to Korea means for market?
OpenAI, the creator of ChatGPT, has officially established a Korean subsidiary, marking a significant step in its expansion into the Korean market. The move comes after earlier regional entries in Tokyo and Singapore, underlining Asia's growing importance in the company's global strategy. OpenAI's approach goes far beyond simply opening subsidiaries, according to industry sources on Friday. In each country, the firm is implementing a multilayered strategy that includes developing localized artificial intelligence models, forging enterprise partnerships, aligning with public policy and investing in digital infrastructure. Sources say there are compelling reasons for OpenAI's arrival in Korea. The nation continues to rank among the global leaders in key technological and societal metrics related to AI. The 2025 AI index report published by Stanford University's Institute for Human-Centered AI showed that Korea topped the world in AI patent applications per 100,000 people. As of 2023, Korea filed 17.3 AI patents per 100,000 people — surpassing Luxembourg (15.3), China (6.1) and the US (5.2). Korea also ranks high in AI receptiveness. The same report cited global surveys indicating that Koreans, along with people in China, Indonesia and Thailand, exhibit a particularly positive perception of AI. The environment fosters early commercialization, smoother beta testing and rapid user adoption of AI-based services. 'Korea is not merely a technology adopter,' said an industry source who requested anonymity. 'It is a proven test bed where global AI strategies can be executed and scaled. The new Seoul office should be seen not just as a local outpost, but as a strategic pivot point.' OpenAI's anticipated roles in Korea include: enhancing GPT models with Korean language optimization, deploying ChatGPT Enterprise for domestic corporations and public institutions, establishing research hubs in collaboration with academia and industry, recruiting and training local AI talent and engaging in policy and infrastructure partnerships. Of particular interest is the potential for deeper cooperation with the Korean government. Through initiatives like "OpenAI for Countries," the company may explore building AI data centers and testing infrastructure within Korea. OpenAI's Korean entry also raises questions about its possible impact on the local search engine landscape. With last year's debut of ChatGPT Search — a service that blends chatbot capabilities with real-time information retrieval — OpenAI has begun nudging into territory long dominated by domestic platforms. As of Wednesday, according to Internet Trend, Naver held 57.41 percent of Korea's search market, followed by Google at 34.45 percent and Microsoft Bing at 3.98 percent. However, this marks a notable decline from Naver's nearly 80 percent market share in 2015. Despite the shifting landscape, Naver CEO Choi Soo-yeon expressed confidence during the company's first quarter earnings call earlier this month, saying that 'there has been no negative traffic impact from generative AI services.' Instead of competing on raw market share, Naver is focusing on increasing user engagement through AI-powered features like 'AI Briefing,' launched in March. The tool summarizes search results and provides source citations in response to user queries. OpenAI, for its part, appears unbothered by the speculation. When asked if it now considers itself a 'search platform,' the firm's official responded with a smile, emphasizing that 'we're not here to target any specific portal's market share — it's simply a global trend unfolding.'
Time of India
20-05-2025
- Business
- Time of India
ET Explainer: What OpenAI's local data residency means for India
ChatGPT-maker OpenAI earlier this month enabled local data residency in key Asian countries including India—its second largest market—and Japan, Singapore, and South Korea. This was in a bid to help organisations who want to leverage its ChatGPT Enterprise, ChatGPT Edu, and the OpenAI API (application programming interface) offerings, but also have data localisation requirements. ET explains what this move means for Indian businesses and whether data sovereignty is on the horizon. What does OpenAI's data residency policy mean for India? The feature allows 'data at rest' such as prompts, uploaded files, and chat interactions to be stored within India. But, models still reside in foreign servers and processing enterprise information at inference time (run-time) will need exchange outside India servers. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Data localisation has until now prevented OpenAI from gaining market share in India as BFSI customers opted to host open models like Meta's Llama and DeepSeek on-premise. According to Aadya Misra, Partner at Spice Route Legal, 'OpenAI's residency option could allow financial institutions to deploy AI for use cases like payment processing while remaining compliant with existing requirements that require payment data to be stored locally.' She explained that the Reserve Bank of India does permit transient cross-border processing under certain conditions, 'so if implemented thoughtfully, concerns about data in motion could also be addressed. This move could shift reliance on self-hosted open-source models to enterprise-grade and centrally managed AI solutions.' Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Does this spell data sovereignty for India? The move may at best be seen as a first step towards compliance-enablement that could help companies to bolster contracts with responsible data handling clauses. It has fallen short of complete data sovereignty, however, experts said. 'The architecture stores data 'at rest' locally, but not necessarily 'in transit' or during model inference. That data may still leave the country, exposing enterprises to regulatory scrutiny,' said Leslie Joseph, principal analyst at Forrester. Joseph noted that OpenAI has not announced local hosting of its GPT models or inference engines in India. 'There's no evidence of compute or model weights residing in-country. This is partial localisation at best, not sovereign AI,' Joseph added. He explained that although OpenAI has added AES-256 level encryption for data at rest and TLS 1.2+ for data in transit, without full model localisation, including inference compute, enterprises handling PII (personally identifiable information) will continue to face regulatory and data exposure concerns. '...There is no explicit indication that the underlying GPT models, including their inference engines, tokens, or trained weights, will themselves be hosted in India,' said Ankit Sahni, Partner at Ajay Sahni & Associates. What impact could the move have? Speculation remains that OpenAI may eventually bring full-stack model hosting to India, given its enterprise ambitions and steady competition from cost-effective open-weight models. For now, experts say companies must treat this as a 'compliance-forward gesture.' It could also mean opportunities for Indian data centre players. Although the company is likely to host local storage within its long-time exclusive partner Microsoft's data centres, sources told ET that OpenAI is hearing proposals from other colocation data centres in India as well. 'Given OpenAI's shift to a for-profit structure and changing dynamics with Microsoft, we are actively seizing this opportunity to commit to a long-term relationship with them,' the senior executive at a leading data centre company told ET. Annapurna Roy contributed to this story.
Economic Times
20-05-2025
- Business
- Economic Times
ET Explainer: What OpenAI's local data residency means for India
OpenAI has enabled local data residency in India and other Asian countries to attract organisations needing data localisation. This allows storage of data at rest within India, but model processing still occurs on foreign servers. ET explains what this means for Indian businesses and whether data sovereignty is on the horizon. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads ChatGPT-maker OpenAI earlier this month enabled local data residency in key Asian countries including India—its second largest market—and Japan, Singapore, and South Korea. This was in a bid to help organisations who want to leverage its ChatGPT Enterprise, ChatGPT Edu, and the OpenAI API (application programming interface) offerings, but also have data localisation requirements. ET explains what this move means for Indian businesses and whether data sovereignty is on the feature allows 'data at rest' such as prompts, uploaded files, and chat interactions to be stored within India. But, models still reside in foreign servers and processing enterprise information at inference time (run-time) will need exchange outside India localisation has until now prevented OpenAI from gaining market share in India as BFSI customers opted to host open models like Meta's Llama and DeepSeek to Aadya Misra, Partner at Spice Route Legal, 'OpenAI's residency option could allow financial institutions to deploy AI for use cases like payment processing while remaining compliant with existing requirements that require payment data to be stored locally.'She explained that the Reserve Bank of India does permit transient cross-border processing under certain conditions, 'so if implemented thoughtfully, concerns about data in motion could also be addressed. This move could shift reliance on self-hosted open-source models to enterprise-grade and centrally managed AI solutions.'The move may at best be seen as a first step towards compliance-enablement that could help companies to bolster contracts with responsible data handling clauses. It has fallen short of complete data sovereignty, however, experts said.'The architecture stores data 'at rest' locally, but not necessarily 'in transit' or during model inference. That data may still leave the country, exposing enterprises to regulatory scrutiny,' said Leslie Joseph, principal analyst at noted that OpenAI has not announced local hosting of its GPT models or inference engines in India. 'There's no evidence of compute or model weights residing in-country. This is partial localisation at best, not sovereign AI,' Joseph explained that although OpenAI has added AES-256 level encryption for data at rest and TLS 1.2+ for data in transit, without full model localisation, including inference compute, enterprises handling PII (personally identifiable information) will continue to face regulatory and data exposure concerns.'...There is no explicit indication that the underlying GPT models, including their inference engines, tokens, or trained weights, will themselves be hosted in India,' said Ankit Sahni, Partner at Ajay Sahni & remains that OpenAI may eventually bring full-stack model hosting to India, given its enterprise ambitions and steady competition from cost-effective open-weight models. For now, experts say companies must treat this as a 'compliance-forward gesture.'It could also mean opportunities for Indian data centre the company is likely to host local storage within its long-time exclusive partner Microsoft's data centres, sources told ET that OpenAI is hearing proposals from other colocation data centres in India as well.'Given OpenAI's shift to a for-profit structure and changing dynamics with Microsoft, we are actively seizing this opportunity to commit to a long-term relationship with them,' the senior executive at a leading data centre company told Roy contributed to this story.
Yahoo
14-05-2025
- Business
- Yahoo
Crowe names Gary Kozlowski as partner
Public accounting and consulting firm Crowe has named Gary Kozlowski as a financial services consulting partner to enhance its New York financial services consulting group. Kozlowski, a Certified Public Accountant (CPA), brings more than three decades of global advisory experience to the firm. He has experience in guiding large financial institutions through risk management, regulatory strategies, and business process improvements. In the new role, Kozlowski will spearhead strategic initiatives for complex, cross-functional organisations. His focus will be on expanding Crowe's relationships with global financial institutions based in New York. Crowe New York market leader and financial services consulting leader Dawnella Johnson said: 'Gary has a proven track record of delivering market solutions and services to the financial sector. His experience aligns seamlessly with our financial services (FS) strategy and vision. 'His success and deep knowledge of the complex challenges faced by global financial institutions will blend perfectly with our culture of cultivating trust and working in collaboration with our clients.' Prior to joining Crowe, Kozlowski worked for more than 20 years as a senior partner at a Big 4 firm, where he provided counsel on strategy, governance, risk management, and regulatory compliance, particularly within the banking, payments, capital markets, asset management, and private equity sectors. He also has global leadership experience, managing teams across North America, Latin America, Europe, and Asia. Kozlowski said: 'I'm excited to contribute to a collaborative firm that emphasises long-term trust and confidence with clients, while also leveraging Crowe's excellent reputation already established in the financial services sector. 'I look forward to building relationships with our FS clients and deepening our presence in the sector.' Crowe, which operates as an independent member of accounting network Crowe Global, offers audit, tax, and consulting services to a diverse range of public and private entities. The network comprises MORE THAN 200 independent accounting and advisory services firms in more than 130 countries. The latest development comes after Crowe announced a firmwide deployment of OpenAI's ChatGPT Enterprise platform and APIs. "Crowe names Gary Kozlowski as partner" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
13-05-2025
- Business
- Yahoo
Crowe expands firmwide AI access with OpenAI ChatGPT Enterprise
Public accounting and consulting firm Crowe has announced a firmwide deployment of OpenAI's ChatGPT Enterprise platform and APIs. The adoption of ChatGPT Enterprise spanning Crowe's Audit, Tax, and Consulting divisions establishes it as one of the few accounting firms to implement firmwide AI access at full scale. Crowe aims to aid its professionals in utilising advanced AI to address complex business challenges, enhance collaboration, and develop faster, smarter, and more innovative client solutions. The firm focuses on delivering human-centred, tech-enabled solutions, and this expansion aligns with its commitment to reshaping how work is done and how value is offered to clients. This development builds on Crowe's ongoing efforts to create a responsible, future-ready AI ecosystem tailored to clients' evolving needs. Crowe CEO Steven Strammello said: 'AI is already transforming how we work, and this deployment ensures our people are fully equipped to lead that change. 'Our expanded collaboration with OpenAI is not just about tools – it's about unlocking human potential and driving real, measurable outcomes for our clients.' Crowe is an independent member of Crowe Global. Crowe Global has in excess of 200 firms in more than 130 countries and provides audit, tax, and consulting services to public and private entities worldwide. In November 2024, Crowe unveiled its human capital consulting practice, a new service aimed at assisting businesses with the management of their workforce throughout the entire employee life cycle. The move comes in response to the growing need for specialised human capital services that can help organisations navigate the ever-evolving challenges of talent management. The new practice offers customised solutions that address various aspects of human resources, from policy development to compliance with regulatory requirements, and more. "Crowe expands firmwide AI access with OpenAI ChatGPT Enterprise" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
