OpenAI will train its AI models on the Financial Times' journalism

The Financial Times has become the latest news organization to strike a deal with OpenAI. In a joint announcement on Monday, the Financial Times and OpenAI said that maker of ChatGPT will use the Financial Times’ journalism to train its AI models and collaborate on developing new AI products and features for the publication’s readers. ChatGPT will also attribute and and link back to the Financial Times when it includes information from the publication in its responses “It is right, of course, that AI platforms pay publishers for the use of their material,” said Financial Times CEO John Ridding in a statement and added that the Times is “committed to human journalism.” Neither company disclosed the financial terms of the agreement. Earlier this year, The Information reported that OpenAI offers publishers between $1 million and $5 million a year to license their content to train its AI models. Generative AI is only as good as the training data used to train the models that power it. So far, AI companies have scraped everything they can from the public internet often without the consent of creators, and are constantly on the hunt for new data sources to keep the outputs generated by these models current. Training AI models on news is one way to achieve that, but some publishers are wary of giving up their content to AI companies for free. The New York Times and the BBC, for instance, have OpenAI from scraping their websites. As a result, OpenAI has been striking financial... Continue reading at 'Engadget'

[ Engadget | 2024-04-29 17:32:56 UTC ]
News tagged with: #financial terms #information reported #$1 million #$5 million #generative ai #training data #ai companies #public internet #data sources #outputs generated #business insider #die welt #le monde #prisa media #german publisher

Other Publishing stories related to: 'OpenAI will train its AI models on the Financial Times' journalism'


OpenAI will train its AI models on the Financial Times' journalism

The Financial Times has become the latest news organization to strike a deal with OpenAI. In a joint announcement on Monday, the Financial Times and OpenAI said that maker of ChatGPT will use the Financial Times’ journalism to train its AI models and collaborate on developing new AI products and... Continue reading at Engadget

[ Engadget | 2024-04-29 17:32:56 UTC ]
More news stories like this | News stories tagged with: #financial terms #$1 million #$5 million #generative ai #ai companies #data sources #business insider #die welt #le monde #german publisher


OpenAI will pay to train its models on Business Insider and Politico articles

OpenAI will pay German publisher Axel Springer to use its news articles to train its AI models and show real-time information from Axel Springer's brands, which include Business Insider and Politico in the US and Bild and Welt in Europe, in ChatGPT’s responses. None of the companies disclosed... Continue reading at Engadget

[ Engadget | 2023-12-13 20:03:27 UTC ]
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Amazon says its next-gen chips are four times faster for AI training

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[ Engadget | 2023-11-28 20:00:28 UTC ]
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Schiff Introduces Bill to Require Transparency in AI Training

The measure would require AI companies to disclose all copyrighted works used in training an AI system. Continue reading at Publishers Weekly

[ Publishers Weekly | 2024-04-15 04:00:00 UTC ]
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Meta ‘discussed buying publisher Simon & Schuster to train AI’

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[ The Guardian | 2024-04-09 15:36:14 UTC ]
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Tumblr and WordPress posts will reportedly be used for OpenAI and Midjourney training

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[ Engadget | 2024-02-27 20:56:31 UTC ]
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AI: Copyright Challenges Now Include a New York Times Lawsuit

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[ Publishing Perspectives | 2024-01-04 19:59:05 UTC ]
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How one of the world’s oldest newspapers is using AI to reinvent journalism

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[ The Guardian | 2023-12-28 14:03:33 UTC ]
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'New York Times' Sues OpenAI, Microsoft for Copyright Infringement

The suit, said to be the first AI-related action filed by a major American media company, alleges that AI services from both multibillion dollar companies are businesses “built on mass copyright infringement,” with potentially massive implications for the future of journalism. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-12-27 05:00:00 UTC ]
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Apple is reportedly looking to team up with news publishers to train its AI

Apple has been noticeably missing in the list of companies with their own generative AI product, but based on a new report by The New York Times, it's looking to change that real soon. In recent weeks, Apple has reportedly started negotiating with major publishers and news organizations to ask... Continue reading at Engadget

[ Engadget | 2023-12-23 07:43:48 UTC ]
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CBC News analysis finds thousands of Canadian authors, books in controversial dataset used to train AI

A CBC News investigation has found at least 2,500 copyrighted books written by more than 1,200 Canadian and Québécois authors were shared online as part of a massive — and now defunct — dataset used to train artificial intelligence. Continue reading at CBC

[ CBC | 2023-12-07 09:00:49 UTC ]
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Hands-on: Windows 11’s new AI tools aren’t ready for prime time

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[ PC World | 2023-09-26 17:00:00 UTC ]
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The UK’s IPG Announces AI Training for Independent Publishers

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[ Publishing Perspectives | 2023-07-25 17:09:49 UTC ]
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Google has a new AI tool for journalism—but should we trust tech to meddle in newsrooms?

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[ Fast Company | 2023-07-21 11:48:19 UTC ]
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[ Wired | 2023-02-14 16:03:54 UTC ]
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Financial Times Announces a Shortlist in the £30,000 Business Book of the Year Award

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[ Publishing Perspectives | 2022-09-26 10:02:34 UTC ]
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Train yourself to study more effectively and save time with this $49 bundle

Study is a vital part of any scholastic journey. But not all methods are the same. Some, indeed, are far more effective than others. Want to put yourself in a better position to excel? Then the 2022 Perfect Score Academic Success Master Class Bundle is a must-buy, especially as it’s on sale... Continue reading at PC World

[ PC World | 2022-06-01 23:38:22 UTC ]
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[ The Conversation | 2022-01-14 13:00:02 UTC ]
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Why Climate Coverage Is Good Business at The Financial Times

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UK and USA: Financial Times and McKinsey Announce a Business Book of the Year Shortlist

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[ Publishing Perspectives | 2020-09-23 20:22:39 UTC ]
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