Azure's OpenAI terms are similar but more explicit with the safety and no-training terms.
Some chats are saved for 14-30 days IF they trigger a safety classifier, but they are never used to train future models or retained after that period, the objective is to verify safety. Simple as that.
If you are a business user, like in the case of Azure OpenAI, the analysis and priorities are quite different though, but the mechanism seems to be the same.