financetom
Business
financetom
/
Business
/
Financial Times, OpenAI sign content licensing partnership
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Financial Times, OpenAI sign content licensing partnership
Apr 29, 2024 2:06 AM

April 29 (Reuters) - The Financial Times had signed a

licensing agreement with OpenAI to train artificial intelligence

(AI) models on its attributed content, the newspaper said on

Monday, in the latest media tie-up for the Microsoft ( MSFT )-backed

startup.

The agreement will enhance OpenAI's generative AI chatbot

ChatGPT with attributed FT content, and the firms will

collaborate on developing new AI products and features for FT

readers.

The partnership also lets ChatGPT use select summaries,

quotes and links to FT's stories on its chatbot, the paper said

in a statement, without disclosing financial terms of the deal.

OpenAI struck a similar deal with the Associated Press last

year where the news publisher licensed a part its archive of

news stories to OpenAI.

ChatGPT, which kickstarted the GenAI boom in late 2022,

can mimic human conversation and perform tasks such as creating

summaries of long text, writing poems and even generating ideas

for a theme party.

Some outlets are already using generative AI for their

content. BuzzFeed has said it will use AI to power personality

quizzes on its site, and the New York Times used ChatGPT to

create a Valentine's Day message-generator last year.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Kimberly-Clark nears $3.5 billion sale of global tissue business to Suzano, WSJ reports
Kimberly-Clark nears $3.5 billion sale of global tissue business to Suzano, WSJ reports
Jun 4, 2025
(Reuters) -Kimberly-Clark ( KMB ) is nearing a sale of its Kleenex and tissue businesses outside of North America for around $3.5 billion to Brazilian pulpmaker Suzano, the Wall Street Journal reported, citing people familiar with the matter. A deal could be completed as soon as Thursday, the report said on Wednesday. Reuters could not immediately confirm the report. Kimberly-Clark...
US Senate committee to consider nomination of Republic Airways CEO to head FAA
US Senate committee to consider nomination of Republic Airways CEO to head FAA
Jun 4, 2025
WASHINGTON, June 4 (Reuters) - The U.S. Senate Commerce Committee said on Wednesday it would hold a June 11 hearing on President Donald Trump's nomination of Republic Airways CEO Bryan Bedford to head the Federal Aviation Administration. Bedford, a pilot and industry veteran of more than 30 years, was nominated in March and previously headed two other carriers and oversaw...
Citi to cut 3,500 technology jobs in China as part of global revamp
Citi to cut 3,500 technology jobs in China as part of global revamp
Jun 4, 2025
HONG KONG, June 5 (Reuters) - Citigroup Inc ( C/PN ) will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday, as part of its efforts to simplify and shrink its global tech operations to improve risk and data management. The reduction of staff at the China Citi...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved