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OpenAI to Pay Axel Springer Tens of Millions to Use News Content

 9 months ago
source link: https://finance.yahoo.com/news/openai-axel-springer-ink-deal-145333092.html
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OpenAI to Pay Axel Springer Tens of Millions to Use News Content

Angela Cullen and Jackie Davalos
Thu, December 14, 2023, 2:37 AM GMT+9·2 min read

(Bloomberg) -- ChatGPT-maker OpenAI has agreed to pay Axel Springer SE tens of millions of euros for the right to use the media giant’s news articles and content to build its artificial intelligence systems.

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OpenAI agreed to the payment as part of a three-year deal with the Berlin-based news publisher, according to a person with direct knowledge of the situation who asked not to be identified because the financial terms aren’t public.

Under the agreement, San Francisco-based OpenAI will get to use articles and other content from Axel Springer publications, including Politico, Business Insider, and the European properties Bild and Die Welt, to develop its AI models, the companies said in a statement Wednesday.

OpenAI’s partnership with Axel Springer comes after months of clashes between news publishers and tech companies over how their content can be used to train AI systems. OpenAI and its competitors need extensive amounts of data, including the written word, to power conversational chatbots like ChatGPT. Publishers, authors and artists argue their work is being used without compensation to build AI products that make these companies billions.

OpenAI declined to comment about the financial terms of the deal.

The Microsoft Corp.-backed startup has made other agreements with news publishers. In July, the Associated Press said it would let OpenAI license its archive of news stories to develop AI models. That same month, OpenAI committed $5 million to the American Journalism Project, an organization that supports local publishers, to experiment with ways outlets can use AI in news.

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