Financial Times signs licensing deal with OpenAI

The Financial Times has encountered a deal with OpenAI to license its content and develop AI tools, The latest news organization to work with the AI company

The FT writes in a press release that ChatGPT users will see summaries, quotes, and links to its articles Any prompt that returns information fromthe

FT will be attributed to the publication In return, OpenAI will work with the news organization to develop new AI products The

FT already uses OpenAI products, saying it is a customer of ChatGPT Enterprise Last month, the FT released a

Generative AI search function on beta powered by Aerospace’s Claude large language model Ask FT lets subscribers find information across the publication’s articles

Financial Times Group CEO John Ridding said that even as the company partners with OpenAI, the publication continues to commit to “human journalism.”

It’s right, of course, that AI platforms payPublishers for the use of their materials, Ridding Says He added that “it’s clearly in the interests of users that these products contain related sources.”

OpenAI has made several deals with news organizations to license content to train AI models Axel Springer, which publications

Business Insider, PolItico, and the European publications Bild and Welt, signed a similar agreement with OpenAI to pull data from its articles

The Associated Press also allows OpenAI to train its models on their data However, OpenAI reported only offers between $1 million and $5 million

To license content from publications,Significantly less than what other companies like Apple are offering

Other news organizations have a multiple different relationship with OpenAI The New York Times sued OpenAI and Microsoft

“For copyright infringement in December 2023, allocating that ChatGPT” records Times content verb. “

The Intercept, Raw Story, and AlterNet filed a separate lawsuit against OpenAI and Microsoft with similar allocations in February

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