The Financial Times and OpenAI have entered into an agreement to use the magazine's archived content to train OpenAI artificial intelligence. The agreement provides for a license to the materials and the ability for ChatGPT to respond to questions by summarizing the articles with references to the source.
Company agreement
Main terms of partnership
Under the terms of the partnership, the Financial Times publishing house will provide access to its archive materials to the company OpenAI. The goal of such cooperation is the development of generative artificial intelligence technology capable of creating textual, visual and software content indistinguishable from human creations.
Use of ChatGPT
In addition, the agreement allows ChatGPT to provide concise answers to questions, summarizing Financial Times articles, but with a mandatory reference to the source of the information. The management of the publication sees this as a benefit for readers, because they will receive information from reliable sources.
Similar OpenAI deals
The partnership with the Financial Times is the fifth similar in the last year agreement entered into by OpenAI. Previously, the company concluded similar agreements with Associated Press (USA), Axel Springer (Germany), Le Monde (France) and Prisa Media (Spain). The financial details of the contracts are not disclosed, but it is known that Axel Springer will receive tens of millions of dollars over several years.
Lawsuits and scandals
In December 2023, The New York Times filed a copyright infringement lawsuit against OpenAI and Microsoft. The publication claimed that his articles were used to train artificial intelligence, which now competes with him. OpenAI called the lawsuit unexpected and without merit, suggesting that the NYT was manipulating AI tools.
Last year, OpenAI, Google, Microsoft and Adobe held meetings with the heads of news publishers, including News Corp, Axel Springer, The New York Times, The Guardian and the Financial Times, to discuss issues related to associated with their artificial intelligence products. The executives of News Corp and Thomson Reuters have announced that they are in talks and making deals with AI developers.
Glossary
- The Financial Times is a leading global business publication headquartered in London.
- OpenAI is an American artificial intelligence research company, developer of ChatGPT.
- ChatGPT is an artificial intelligence capable of dialogue and performing various tasks based on the provided data.
- Associated Press is one of the largest international news agencies headquartered in New York.
- Axel Springer is a German media conglomerate that owns several influential print and digital media.
Link
- Financial Times article on OpenAI deal
- Financial Times article about publishers meeting with AI developers
Answers to questions
What deal did the Financial Times and OpenAI make?
Why did the OpenAI company need the archive content of the Financial Times?
What opportunities did ChatGPT get as a result of this deal?
What other publications have entered into similar agreements with OpenAI?
Have there been lawsuits against OpenAI due to the use of publication content?
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Discussion of the topic – How artificial intelligence OpenAI will learn from the Financial Times archive
The Financial Times and OpenAI have entered into an agreement under which the company's artificial intelligence will learn from the publication's archived content. The FT will license its material to help develop generative AI technology to generate text, images and code.
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JuanGarcia
It's great that the Financial Times and OpenAI have reached an agreement to use content to teach AI! 🤖📰 This is an important step for the development of artificial intelligence and expanding its capabilities. I wonder if they will implement new features for users based on this deal.
MarieBlanchet
FT and OpenAI deal is good news for AI development! 🙌 However, I am a little worried about copyright issues and the use of the publication's content. I hope they consider the ethical aspects and respect the rights of the authors of the articles.
GrzegorzNowak
Wondering exactly how OpenAI will use FT archived content to train AI? 🤔 Perhaps they will create more advanced text generation or information analysis systems. I am waiting for new interesting solutions from them!
OleksandrKravchenko
Agreements between publications and technology companies such as OpenAI are becoming more common. Although copyright issues remain controversial, this is an important step for the development of AI. I wonder if the FT will be able to get new benefits for its readers through this deal? 📱🔍
GrumpyOldMan
These new technologies, the hype around artificial intelligence... It's all ridiculous and a waste of time! 😒 People should focus on real issues instead of spending money on such silly things. Copyright, ethics, integrity are all blah blah blah for the tech giants.
AnnaZapata
I understand the copyright and ethics concerns, but are we overreacting? 🤔 This deal between FT and OpenAI could be a win-win. For example, better search results and article summaries for users of the publication. Technology evolves and we must move with it.
MarioRossi
FT's deal with OpenAI is just the beginning! 🚀 More publications will soon enter into similar deals to stay relevant and competitive. Perhaps we will see innovative new ways of presenting news and information using AI?
JuanGarcia
I agree that copyright is a complex issue. But we cannot ignore the potential of AI to improve and enrich content! 💡 Publications such as the FT could use AI to create personalized summaries, recommendations or even generate content based on their archive material. This opens up new opportunities for readers and creativity!