The Financial Times is the latest major news publisher to sign a content licensing deal with OpenAI, the developer of ChatGPT. The new deal will allow

The Financial Times inks new licensing deal with OpenAI | Nieman Journalism Lab

submited by
Style Pass
2024-05-05 00:30:04

The Financial Times is the latest major news publisher to sign a content licensing deal with OpenAI, the developer of ChatGPT.

The new deal will allow ChatGPT to pull information in real time from the FT’s published stories when answering user prompts. Details taken from those stories will appear in ChatGPT as a summary or quote, with a link to the specific article being cited.

Kayla Wood, a spokesperson for OpenAI, confirmed the deal also gives the company access to the FT’s archive, including content behind the publication’s standard and premium paywalls. Under the terms of the deal, this archive can be used to train ChatGPT’s underlying models.

The new deal only applies to the FT, and won’t extend to other brands owned by Nikkei, the publication’s Japanese parent company.

RELATED ARTICLEThe Financial Times is ready for its AI to answer your questions (well, some of them)Joshua BentonMarch 25, 2024“As with any transformative technology, there is potential for significant advancements and major challenges, but what’s never possible is turning back time,” said John Ridding, the FT Group’s CEO, in a statement. “We value the opportunity to be inside the development loop as people discover content in new ways.”

Leave a Comment