OpenAI Inks Licensing Deal With People Magazine Publisher [BNN Bloomberg (Canada)]
IAC Inc. (IAC)
Last iac inc. earnings: 2/5 04:10 pm
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Source: BNN Bloomberg
Under the partnership, which was announced Tuesday, OpenAI will be able to display lifestyle and entertainment content in its chatbot from the many websites of one of the largest digital and print publishers in the US. Dotdash Meredith, a subsidiary of Barry Diller's IAC Inc., will also be able to leverage OpenAI's models to improve its advertising targeting tool. The companies did not disclose financial terms. The ChatGPT-maker has been working to broker deals with publishers on both sides of the Atlantic to secure more content for its AI services while facing copyright complaints. In April, OpenAI announced an agreement with the Financial Times to incorporate summaries, quotes and links from the paper into ChatGPT. The company has also cut deals with Germany's Axel Springer, French paper Le Monde and Spanish media conglomerate Prisa. “We have not been shy about the fact that AI platforms should pay publishers for their content and that content must be appropriately attributed,”
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