Coty (COTY) said Monday it has entered a collaboration with Microsoft-backed (MSFT) OpenAI to roll out enterprise artificial intelligence tools across parts of its global operations.
Financial terms were not provided.
The company said selected teams will begin using ChatGPT Enterprise, which provides access to OpenAI models with security and privacy controls designed for corporate use.
Coty said the initial rollout is targeted teams and can be expanded over time based on business needs.
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