Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

OpenAI Signs Deal With Financial Times to Use Its Content for Training AI Models

Share

The Financial Times has signed a deal with OpenAI to license its content for the development of AI models and allow ChatGPT to answer queries with summaries attributable to the newspaper, the latest media tie-up for the Microsoft-backed startup.

Financial terms of the agreement, announced on Monday, were not disclosed. It follows similar deals by OpenAI over the past few months with the Associated Press, global news publisher Axel Springer, France’s Le Monde and Spain-based Prisa Media.

The latest deal will help the startup enhance the ChatGPT chatbot with archived content from the FT and the firms will work together to develop new AI products and features for FT readers, the newspaper and OpenAI said in a statement.

The summaries generated by ChatGPT off FT content will also link back to the newspaper, according to the companies.

“We’re keen to explore the practical outcomes regarding news sources and AI through this partnership,” said FT Group CEO John Ridding.

ChatGPT, which kickstarted the GenAI boom in late 2022, can mimic human conversation and perform tasks such as creating summaries of long text, writing poems and even generating ideas for a theme party.

Some outlets are already using generative AI for their content. BuzzFeed has said it will use AI to power personality quizzes on its site, and the New York Times used ChatGPT to create a Valentine’s Day message-generator last year.

© Thomson Reuters 2024


Affiliate links may be automatically generated – see our ethics statement for details.