This agreement represents the most recent collaboration between OpenAI and a Financial Times, allowing ChatGPT to access articles for queries.
The Financial Times recently announced a partnership with OpenAI to license its content and collaborate on AI tools, joining a growing list of news organizations working with the innovative AI company.
According to a press release from the FT, users of ChatGPT will now have access to summaries, quotes, and links from FT articles. Any information retrieved from the FT through ChatGPT will be attributed to the publication.
In exchange, OpenAI will collaborate with the FT to develop new AI products. The FT has already been using OpenAI products, citing their use of ChatGPT Enterprise. Additionally, the FT recently introduced a generative AI search function called Ask FT in beta, powered by Anthropic’s Claude large language model. This tool enables subscribers to search for information across the publication’s articles.
John Ridding, CEO of the Financial Times Group, emphasized the importance of maintaining “human journalism” even as they embrace partnerships with advanced AI technologies like OpenAI.
It’s right, of course, that AI platforms pay publishers for the use of their material
John Ridding
OpenAI has been actively collaborating with various news organizations, including Axel Springer, the publisher of Business Insider, Politico, Bild, and Welt. These partnerships involve licensing content to train AI models. The Associated Press is another participant, allowing OpenAI access to their data for model training.
Interestingly, OpenAI’s licensing fees for content are reportedly lower, ranging from $1 million to $5 million, in contrast to higher offers from companies like Apple.
On a different note, some news organizations have had contentious relationships with OpenAI. The New York Times, for instance, filed a lawsuit against OpenAI and Microsoft in December 2023, alleging copyright infringement related to ChatGPT’s use of Times content. Similarly, The Intercept, Raw Story, and AlterNet filed a separate lawsuit in February with similar claims against OpenAI and Microsoft.
