Financial Times and OpenAI enter into licensing agreement

Financial Times and OpenAI enter into licensing agreement
Financial Times and OpenAI enter into licensing agreement
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OpenAI gains a load of knowledge thanks to Financial Times. ChatGPT gets access to FT articles to support its answers.

The British business newspaper Financial Times has entered into an agreement with OpenAI, under which AI models can be trained on the basis of archived articles, according to a press release from FT. In addition to the financial compensation, the ChatGPT answers will also link to the original article on FT. This licensing deal comes after OpenAI was sued by the New York Times last year.

Pay for content

ChatGPT signs a licensing deal with Financial Times where the AI ​​chatbot can use the FT’s archive to train its language models. Not only is the UK media partner paid by OpenAI for this access, the original article is also referenced whenever a ChatGPT response is based on FT article summaries. In this way, ChatGPT generates additional traffic to the British news platform.

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AI models need copyrighted material according to OpenAI

The licensing deal is a logical next step for OpenAI, after the company was sued by the New York Times last year. The latter had been in talks with OpenAI for some time to put a price on making its texts accessible, but those talks came to nothing.

The article is in Dutch

Tags: Financial Times OpenAI enter licensing agreement

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