OpenAI's licensing deal with the Financial Times is the fifth such arrangement since November 2022, with previous deals including the Associated Press, Axel Springer, Le Monde, and Prisa Media. OpenAI has also announced a partnership with the American Journalism Project, paying $5 million in cash and up to $5 million in OpenAI API credits. Microsoft has announced five partnerships with news organizations, education, industry organizations, and software development. The deals have raised questions about the value of the deals, the potential for exclusivity, and the implications for news organizations' relationships with other tech companies.
Key takeaways:
- Several news organizations, including News Corp, the Financial Times, and Dotdash Meredith, have recently entered into licensing deals with OpenAI. These deals allow OpenAI to access their content to train its generative AI technology.
- However, eight newspapers owned by subsidiaries of Alden Global Capital are suing OpenAI and Microsoft for copyright infringement, accusing the tech firms of unauthorized use of their content and trademarks in training their AI products.
- OpenAI's licensing deal with the Financial Times is its fifth such arrangement since November 2022, with previous deals including the Associated Press, Axel Springer, Le Monde, and Prisa Media.
- These developments raise questions about the value of these deals for news organizations, the potential impact on their business models and practices, and the transparency of the selection process for these partnerships.