OpenAI's Deal with Financial Times for AI Training

OpenAI has reportedly struck a deal with the Financial Times to use their journalism content for training artificial intelligence systems. ChatGPT users will now encounter summaries and quotes from Financial Times articles. OpenAI has signed similar contracts with other media companies. However, OpenAI is facing lawsuits from entities like The New York Times and authors for copyright infringement.

OpenAI's Deal with Financial Times and Facing Lawsuits

OpenAI has struck a deal with the Financial Times to use its journalism content for AI training. Financial Times will be compensated for this. OpenAI has similar deals with other media companies. However, OpenAI is facing lawsuits from entities like The New York Times and authors for copyright infringement.

Financial Times launches FT Ventures to invest in media and tech startups

The Financial Times has launched a new venture arm to invest in high-growth media and tech companies, with their first investment being in Charter, a future-of-work media startup. This move allows FT to explore strategic investments in smaller, high-growth startups independently from the broader FT Group.