Licensing2024-06-27confirmed
OpenAI × TIME
OpenAI and TIME entered a multi-year content licensing agreement. OpenAI will use TIME's historical and current content to train its models and provide cited responses in ChatGPT, while TIME gains access to OpenAI's technology to develop new products.
Price paid
—
Not disclosed
Losing bid
—
Per unit
—
no meaningful ratio
The asset
Access to TIME's extensive archives spanning 101 years of journalism for AI training and content display.
The record
- Seller status
- Going concern
- Sector
- news publishing
- Modalities
- text, images
- Jurisdiction
- US
What it means if you hold data
This deal secures a century of high-quality, fact-checked historical data for OpenAI, reinforcing the trend of AI labs paying for premium archival content.