OpenAI announced on Wednesday (29 May) that it had signed content and product partnerships with The Atlantic and Vox Media in the latest deal designed to give the ChatGPT maker access to more training data.
Having access to large datasets such as an archive of News articles can greatly enhance the performance of AI models, enabling more human-like responses and effectively summarising long pieces of text.
These deals, while enabling OpenAI to access more high quality data to use in AI model training, also offer economic benefits for news publishers.
However, not all publications open to such deals. The New York Times sued OpenAI and Microsoft over alleged use of its content in December.
The US news publication claims that the two technology businesses should be held responsible for billions of dollars in damages, according to the lawsuit.
Research and analysis company GlobalData forecasts that the overall AI market will be worth $909bn by 2030, having grown at a compound annual growth rate (CAGR) of 35% between 2022 and 2030. In the GenAI space, revenues are expected to grow from $1.8bn in 2022 to $33bn in 2027 at a CAGR of 80%.
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By GlobalDataGenAI is expected to become widely adopted across every industry and become a catalyst for broader AI capabilities such as machine learning, computer vision, and autonomous robots.
Here’s is Verdict’s round-up of media companies that have partnered with OpenAI, so far.
Vox Media
Vox Media, which owns properties like Vox, The Verge, Eater, New York Magazine, and SB Nation, signed a deal with OpenAI on Wednesday. As part of this agreement, the media company will license content to ChatGPT. According to the companies, the content will receive brand attribution and audience referrals.
Vox Media will additionally be collaborating with OpenAI on building audience-facing and internal applications and capabilities.
The Atlantic
OpenAI also signed a similar licensing deal with The Atlantic on Wednesday. Similar to the Vox Media agreement, The Atlantic’s content will be licensed for ChatGPT. The company will work with OpenAI on product development initiatives.
News Corp
News Corp, a global media conglomerate, partnered with OpenAI last week (May 22). The Wall Street Journal, which is owned by News Corp, reported that the deal could be worth over $250m over the next five years – but OpenAI has not disclosed this.
The deal states that the content will not be made readily available on ChatGPT immediately after publishing, in order to allow exclusivity to publishers for a certain amount of time, according to the WSJ.
OpenAI will gain access to the Wall Street Journal, the New York Post, The Times, The Sunday Times and others.
Axel Springer
Axel Springer, a major European digital publishing company, made a deal with OpenAI on December 14 2023. The specifics of the deal were not disclosed at the time but it is likely to have been worth tens of millions of dollars.
The deal provides ChatGPT access to content from various publications under Axel Springer, including Politico and Business Insider.
According to the joint statement from the companies, the responses made within ChatGPT from scraped articles will include full attribution and links to the full articles to ensure transparency.
Prisa Media and Le Monde
OpenAI has announced a partnership with French newspaper Le Monde and Spain’s Prisa Media to develop news applications for ChatGPT on March 24.
Although the financial details of the deal were not disclosed, the companies said content from Le Monde and Prisa Media publications will be used to train ChatGPT models.
In a blog post, OpenAI said users will receive news summaries and links to original articles from its partnered publishers.
In an article published on its site, Le Monde emphasised its commitment to providing accurate news at scale, leveraging AI partnerships.
Le Monde chief executive Louis Dreyfus said: “This partnership with OpenAI allows us to expand our reach and uphold our commitment to providing accurate, verified, balanced news stories at scale.”
Financial Times
The Financial Times partnered with OpenAI to train AI models with its archived content on April 29.
Under the terms of the deal, the publisher has licensed its material to the AI giant in order to further develop the advanced large language models which power ChatGPT.