June 27 (Reuters) - Time magazine has signed a

multi-year content deal with OpenAI that would give the ChatGPT

maker access to its archive of news content, the companies said

on Thursday.

In response to user queries, the chatbot will cite and link

back to the original source on Time.com, the companies added in

a statement. The financial terms of the deal were not disclosed.

The artificial intelligence company has signed similar deals

over the past few months with the Financial Times, Business

Insider-owner Axel Springer, France's Le Monde and Spain-based

Prisa Media.

While some media companies like the New York Times and The

Intercept have previously sued OpenAI for the use of their

journalism, these content partnerships are essential for

training AI models.

These deals can also provide lucrative opportunity for news

publishers, who have historically been excluded from the profits

that internet giants generate by distributing their content.

In May, Microsoft ( MSFT )-backed OpenAI signed content and

product partnerships with The Atlantic and Vox Media.