OpenAI signs content deal with Condé Nast By Reuters

(Reuters) – Sam Altman-led OpenAI on Tuesday announced a multi-year partnership with Condé Nast to display content from its brands such as Vogue and the New Yorker in the AI ​​startup’s products, including prototype ChatGPT and SearchGPT.

Financial terms of the transaction were not disclosed.

OpenAI has signed similar deals with Time magazine, the Financial Times, Business Insider owner Axel Springer, France’s Le Monde and Spain’s Prisa Media in recent months.

While these content partnerships are critical to training AI models, some media organizations such as the New York Times and the Intercept have sued the Microsoft-backed firm over copyright issues associated with their work.

Brad Lightcap, chief operating officer at OpenAI, said the company is committed to working with Condé Nast and other news publishers to “ensure that as AI plays a larger role in news discovery and delivery, it maintains accuracy, integrity and respect for quality reporting”. .

News and digital media have faced steep challenges over the past decade as many technology companies have eroded publishers’ ability to monetize content, Condé Nast CEO Roger Lynch said in a memo to employees.

“Our partnership with OpenAI is starting to offset some of that revenue,” Lynch said.

OpenAI launched its AI-powered search engine SearchGPT in July with real-time access to information from the Internet in a territory long dominated by Google (NASDAQ: ).

The company said Tuesday that it is working with its news partners to collect feedback and information about SearchGPT’s design and performance.