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OpenAI plans AI tools for finance, legal in race with Anthropic

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OpenAI plans AI tools for finance, legal in race with Anthropic
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OpenAI is expanding the functionality of its artificial intelligence coding agent for a number of professions beyond software engineering, a bid to compete with rivals such as Anthropic PBC in signing up more business customers.

is expanding the functionality of its artificial intelligence coding agent for a number of professions beyond software engineering, a bid to compete with rivals such as Anthropic PBC in signing up more business customers.

The ChatGPT maker on Tuesday unveiled a series of new tools, or plugins, for its Codex agent that are intended for fielding tasks related to public equity investment, banking and sales, among other roles. OpenAI said it plans to add more features soon for legal and corporate finance. And the company plans to integrate Codex into its flagship chatbot.

OpenAI and Anthropic have been locked in a heated contest to convince a wider mix of businesses to pay for their AI services as the two firms race to go public as soon as this year. Anthropic has previously unveiled agents and plugins for financial services and legal tasks, and rattled public market investors in legacy software companies. Unlike Anthropic, OpenAI started as a consumer service.

OpenAI’s executives have said the company now aims to have half its revenue come from enterprise customers by the end of this year. Both OpenAI and Anthropic have gained momentum by selling more advanced AI tools to streamline software development, a lucrative market for the technology. Codex, which launched last year, now has more than 5 million weekly users, OpenAI said. Some 20% of those users are not developers, according to the company.

The new set of Codex tools, announced during a livestreamed event on Tuesday, also include more general features for creating internal workplace apps and editing professional documents.

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