City
Epaper

OpenAI, UK’s Financial Times ink content licensing deal

By IANS | Updated: April 29, 2024 16:15 IST

London, April 29 The creator of the Artificial Intelligence (AI) chatbot ChatGPT OpenAI on Monday inked a partnership ...

Open in App

London, April 29 The creator of the Artificial Intelligence (AI) chatbot ChatGPT OpenAI on Monday inked a partnership pact with UK-based Financial Times (FT) to licence its content and develop AI tools.

Under this partnership, the global news publisher will licence its material to Sam Altman-run OpenAI to help create generative AI technology that can create text, images and code indistinguishable from human creations.

"Our partnership and ongoing dialogue with the FT is about finding creative and productive ways for AI to empower news organisations and journalists, and enrich the ChatGPT experience with real-time, world-class journalism for millions of people globally," Brad Lightcap, COO of OpenAI, said in a statement.

In addition, the FT noted that it became a customer of ChatGPT Enterprise earlier this year.

"This is an important agreement in a number of respects. It recognises the value of our award-winning journalism and will give us early insights into how content is surfaced through AI," said FT Group CEO John Ridding.

OpenAI has entered into multiple agreements with news organisations to licence their content for training AI models.

Axel Springer, the publisher of several media outlets including Business Insider, Politico, and the European publications Bild and Welt, has signed a similar agreement with OpenAI to extract data from its articles.

In December last year, The New York Times sued OpenAI and Microsoft, alleging that the tech companies used millions of articles to build ChatGPT's underlying models without proper permission.

In the lawsuit, the company said it had been in licensing discussions with Microsoft and OpenAI for months but none had resulted in a resolution.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

EntertainmentAmol Parashar says 'strong theatre culture' is London’s crown jewel

BusinessIndia’s aerospace and aviation sector at an inflection point for future growth: Experts

InternationalPak govt penalising masses to mask "lack of mandate": PTI slams economic "mismanagement"

EntertainmentRagini Dwivedi, Priya Sharma hail 'Fit India Sundays on Cycle', call initiative boost for fitness and women empowerment

NationalDefence Minister Rajnath Singh to visit Germany to boost defence ties; first visit in 7 years

Business Realted Stories

BusinessFICCI-IBA survey: Banks see constructive credit growth ahead; AI, cybersecurity, green finance top strategic shifts

BusinessCurrent conflicts resemble 'early stages of world war' in history: Ace investor Ray Dalio

BusinessOdisha breaks ground on 3D Glass Solutions advanced glass chip packaging unit; State eyes top-tier semiconductor hub status

BusinessCII bats for industrial land reforms to boost India’s manufacturing growth

BusinessIndia to grow 6.8%-7.1% in FY27, defies oil shock pressures: SBI Report