Financial Times and OpenAI forge licensing deal for AI development

The Financial Times has entered into a licensing agreement with OpenAI, allowing the AI company access to its content to develop AI tools. This partnership marks the latest collaboration between OpenAI and a news organization to enhance ChatGPT queries.

According to a press release from the Financial Times, ChatGPT users will now have access to summaries, quotes, and links to FT articles, with proper attribution to the publication. In exchange, OpenAI will collaborate with the FT to create new AI products.

The FT is already utilizing OpenAI's ChatGPT Enterprise and recently introduced a generative AI search function called Ask FT, powered by Anthropic’s Claude large language model.

John Ridding, CEO of the Financial Times Group, emphasized the publication's commitment to "human journalism" despite the partnership with OpenAI.