Klarity Turns to GPT-4 to Bring Clarity to Documents

Klarity says it is bringing ChatGPT technology to its document processing automation business.

The company announced Wednesday (Mar. 15) it had begun using GPT-4 (the machine learning model that powers the artificial intelligence service ChatGPT) as the foundation of its platform in order to give customers new flexibility in automating “labor-intensive order management, billing and revenue workflows.”

According to a news release, the San Francisco company is using GPT-4 to “extract data from unstructured documents (PDF, tables, language, metadata), normalize the data, and match data between documents and systems like salesforce.com.”

Until now, Klarity had used its own customer AI models to create document summaries for accounting and finance departments.

“Now, Klarity is embedding GPT-4 across its platform,” the release added, saying the move will “give customers the ability to instantly set up new extraction fields within minutes, and provide AI-enabled intelligent comparison capabilities for matching key entities like party names, dates, addresses and tables.”

Earlier this week, ChatGPT-maker OpenAI announced that the latest version of its generative AI technology — ChatGPT-4 — is available via a waitlist.

“It’s more creative than previous models, it hallucinates significantly less and it is less biased,” OpenAI CEO Sam Altman said Tuesday (March 14) in a thread on Twitter. “It can pass a bar exam and score 5 on several AP exams.”

An earlier version of ChatGPT took social media by storm in December as consumers flocked to experience the free artificial intelligence (AI) chatbot’s humanlike conversational capabilities.

These tools are rolling out as AI technology becomes more and more ever-present. In fact, it may soon be “in everything” as General Motors Vice President Scott Miller said recently.

That includes the automaker’s new cars, as GM explores the use of ChatGPT in its vehicles to access information typically found inside a car’s owners manuals, such as garage door codes and calendar schedule integrations.

“This shift is not just about one single capability like the evolution of voice commands, but instead means that customers can expect their future vehicles to be far more capable and fresh overall when it comes to emerging technologies,” a GM spokesperson told Reuters last week.

Others see the rise of AI as a potential warning, among them the U.S. Chamber of Commerce, which called last week for the technology to be regulated.

Imagining a world in which “virtually every” business and government agency uses the technology, the lobbying group issued a report saying policymakers should develop rules to make sure AI is developed responsibly and ethically.

“A failure to regulate AI will harm the economy, potentially diminish individual rights, and constrain the development and introduction of beneficial technologies,” the report said.