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OpenAI signs content deal with UK’s Financial Times

ChatGPT maker, OpenAI, has signed a partnership deal with the UK’s Financial Times (FT) to allow the AI company to use its content to train AI models and collaborate on developing new AI products and features.

Financial Times disclosed this in a statement released on Monday. According to the company, through the partnership, ChatGPT users will be able to see select attributed summaries, quotes, and links to FT journalism in response to relevant queries.

The content deal with the publishing firm comes amid a court case instituted by the New York Times accusing OpenAI of using its published works to train ChatGPT.  Earlier, the AI company had signed a similar deal with German publisher, Axel Springer, the AP, Le Monde, and Prisa Media in France and Spain respectively.

In addition to the deal, FT said it became a customer of ChatGPT Enterprise earlier this year, purchasing access for all FT employees to ensure its teams are well-versed in the technology and can benefit from the creativity and productivity gains made possible by OpenAI’s tools.

Commenting on the deal, FT Group CEO, John Ridding, said:

Commenting on the partnership, the COO of OpenAI, Brad Lightcap, expressed enthusiasm that the deal is about using AI to empower journalists and publishing firms.

Last December the New York Times had alleged that its copyrighted content was used by the AI giant to train models without a license. OpenAI disputes that, however, the latest deals with publishers are targeted at reducing the risks of further lawsuits from publishers. This also mean extra revenue for publishers, who are partnering with the AI company for the use of their content.