Leon Neal
OpenAI, the generative artificial intelligence startup backed by Microsoft (NASDAQ:MSFT), has agreed to pay publishing company Axel Springer to use the media company’s content to train its AI models.
The content will be used to create answers in ChatGPT, as well as train its AI models, according to a statement. When an answer is created, ChatGPT will include links to the original sources of information.
“We want to explore the opportunities of AI empowered journalism – to bring quality, societal relevance and the business model of journalism to the next level,” Mathias Döpfner, CEO of Axel Springer, said in the statement.
The Wall Street Journal reported that the deal between Axel Springer, which owns publications such as Politico, Business Insider and others, and OpenAI is a multi-year, non-exclusive pact.
Financial terms of the deal were not disclosed, but The Journal added the deal is expected to generate “substantial revenue” for Axel Springer.
OpenAI Chief Operating Officer Brad Lightcap said the deal will allow people to have “new ways to access quality, real-time news content through our AI tools.”
The new format is slated to debut in the next several months.
In January, Microsoft (MSFT) announced a multi-billion dollar investment into OpenAI.
