OpenAI will train its AI models on Financial Times journalism

The Financial Times has become the latest news organization to strike a deal with OpenAI. In a joint announcement on Monday, Financial Times and OpenAI said this ChatGPT maker will use 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 link back to Financial Times when including information from the post in their responses

“It is, of course, right for AI platforms to pay publishers for the use of their material,” said Financial Times CEO John Reading added in a statement that 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. Until now, AI companies have extracted everything they can from the public internet, often without the consent of the creators, and constantly hunting for new data sources to keep the output data generated by these models up to date. Training AI models for news is one way to achieve this, but some publishers are wary of giving their content to AI companies for free. New York Times and on BBCfor example, have OpenAI from deleting their websites.

As a result, OpenAI is making financial deals with leading publishers to keep its models trained. Last year, the company partnered with German publisher Axel Springer to train its models on new from A politician and Business Insider in the USA and Bild and Die Welt in Germany. The company also has deals with Associated Pressof France Mondand that of Spain Prisa Media.

By subscribing to Financial Times it costs at least $39 per month. But, like some indicatedits partnership with OpenAI effectively means dismantling its own paywall for ordinary readers through generative AI.