OpenAI × The Financial Times
The Financial Times (FT) and OpenAI agreed to a licensing deal allowing ChatGPT to be trained on the FT's archived content and to provide attributed summaries and links in response to user queries. [38, 42, 44] The partnership also involves collaboration on new AI products for FT readers. [39, 44] While the official announcements did not disclose financial terms, reports suggest the deal is worth between $5 million and $10 million annually. [63]
The asset
A strategic partnership and licensing agreement for OpenAI to use the FT's global news and analysis archive to train its generative AI models and to surface attributed summaries, quotes, and links within ChatGPT.
The record
- Seller status
- Going concern
- Sector
- news publishing
- Modalities
- text
- Jurisdiction
- UK
What it means if you hold data
This deal between a premier global financial news source and a leading AI developer highlights the value of authoritative, paywalled content for training reliable AI models. It establishes a model where publishers gain revenue and insight into AI development, while AI tools get access to high-quality data to improve accuracy and provide trustworthy, attributed information.