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Thomson Reuters is exploring an AI deal as more tech giants court news publishers

Jan 15, 2024 - businessinsider.com
Thomson Reuters, a media and data company, is reportedly considering licensing its content to artificial intelligence (AI) firms, according to Bloomberg. The company's CEO, Steve Hasker, stated that they are open to working with large-language-model providers and have been in discussions with several of them. The company's extensive data sets could be beneficial for AI companies like OpenAI, Microsoft, and Google, who are developing generative AI features.

This move comes as access to news information becomes increasingly crucial for AI firms, with more users turning to chatbots over traditional search tools for current information. Other media companies, such as Axel Springer, have already signed licensing deals with AI providers. However, the use of content for AI training has become a contentious issue, with some rights holders alleging copyright infringement by major AI companies.

Key takeaways:

  • Thomson Reuters is considering licensing some of its content to companies that build generative artificial-intelligence tools, according to Bloomberg.
  • The company's top executive stated that they are open-minded about working with large-language-model (LLM) providers and have been in discussions with several of them.
  • Other media companies, including Business Insider owner Axel Springer, have already signed licensing deals with AI providers.
  • How LLMs are trained and what constitutes fair use of content has become a contentious issue in the AI industry, with some rights holders launching lawsuits against AI firms for using copyrighted materials without permission.
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