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Intapp Stock Climbs on OpenAI ChatGPT Enterprise Integration
Intapp Inc. (NASDAQ: INTA) shares rose 2.5% in pre-market trading Friday after the company announced a new plug-in designed to connect its Celeste AI platform with OpenAI’s ChatGPT Enterprise. The move, aimed at professional services firms, particularly in the legal sector, provides a secure way for them to leverage generative AI with their own proprietary data.
AI Integration for Law Firms
The new Celeste plug-in allows professionals working within the ChatGPT Enterprise environment to access and utilize their firm's specific institutional knowledge. According to Intapp's announcement, this includes sensitive information related to client intake, conflict checks, and relationship intelligence.
A key feature of the integration is its ability to enforce a firm’s existing security and compliance protocols, such as ethical walls and confidentiality rules, directly within the AI tool. Intapp Co-founder and Chief Product Officer Thad Jampol stated that what a firm knows about its clients, methods, and matters built over decades "is the firm’s real franchise," highlighting the strategic importance of protecting and leveraging that data.
AdMarket Reaction and Context
The stock's upward momentum began in after-hours trading Thursday evening following the announcement and continued into Friday's pre-market session. The gain is a company-specific development, standing in contrast to a relatively neutral broader market, where the NASDAQ Composite was up just 0.1%.
For investors, the partnership with OpenAI demonstrates progress on Intapp's AI product roadmap and its ability to secure collaborations with major technology platform providers. The move appears to have renewed confidence in the company's AI-driven growth strategy, providing a clear catalyst for the stock.
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