According to a news release from The Financial Times, ChatGPT users will access summaries, quotes, and links to its stories. Any request that yields data from the Financial Times will be credited to the newspaper.
OpenAI will collaborate with the news outlet to create new AI products in exchange. The Financial Times claims to be a ChatGPT Enterprise user and now utilizes OpenAI technologies. The FT unveiled a test version of a generative AI search feature last month that uses Anthropic’s Claude big language model. Subscribers can search for information across all articles in the journal by using Ask FT.
According to Financial Times Group CEO John Ridding, the newspaper is dedicated to “human journalism” despite its collaboration with OpenAI. Naturally, AI platforms should compensate publishers for the exploitation of their content, according to Ridding. “It’s evidently in the interests of users that these products contain reliable sources,” he continues.
With several news sources, OpenAI has negotiated licensing agreements for content that is used to train AI models. Axel Springer, the publisher of Politico, Bild, and Welt in Europe, as well as Business Insider, has a similar deal with OpenAI to extract data from its articles. Additionally, OpenAI is permitted to use Associated Press data to train its algorithms. But according to reports, OpenAI pays between $1 million and $5 million to license material from publications—a substantial reduction from what other businesses, including Apple, are charging.
The way that other news outlets interact with OpenAI differs greatly. In December 2023, the New York Times filed a copyright infringement lawsuit against Microsoft and OpenAI, claiming that ChatGPT “recites Times content verbatim.” Similar claims were made in a separate complaint filed in February against Microsoft and OpenAI by The Intercept, Raw Story, and AlterNet.
Olagoke Ajibola is a creative writer and content producer with an eye for details and excellence. He has a demonstrated history of telling stories for TV, Film and Online. Aside from being fascinated by the power of imagination, his other interest are travel, sport, reading and meeting people.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
