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The Markets
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The Markets
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Tech

OpenAI inks deal with Financial Tiimes

The Financial Times has entered into a licensing agreement with OpenAI, allowing the AI firm to train its models, including ChatGPT, using FT's archived content.

According to a report in the paper, the partnership enables ChatGPT to generate and provide users with summaries of FT articles, complete with links to the original pieces on FT.com.

John Ridding, FT's CEO, emphasised the agreement's significance in ensuring AI platforms compensate publishers appropriately.

Brad Lightcap, COO of OpenAI, highlighted the deal's potential to enrich AI interactions with high-quality journalism.

This agreement is part of a broader trend where OpenAI has secured similar collaborations with other major news publishers worldwide.

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