Investopedia-owner Dotdash Meridith signs content license deal with OpenAI

People Incorporated

07/05/2024 14:01

May 7 (Reuters) - Dotdash Meredith has signed a content
license deal with OpenAI to train AI models and allow ChatGPT to
answer queries with summaries attributable to America's largest
digital and print publisher, the companies said on Tuesday.
    Financial details of the agreement were not disclosed.
    The deal with Dotdash Meredith, the biggest business of
internet holding company IAC  IAC.O , follows similar tie-ups
for OpenAI with the Financial Times, global news publisher Axel
Springer, France's Le Monde and Spain-based Prisa Media.
    "We have not been shy about the fact that AI platforms
should pay publishers for their content and that content must be
appropriately attributed," Dotdash Meredith CEO Neil Vogel said.
    The deal will give ChatGPT's 100 million users access to
content from the more than 40 media brands owned by Dotdash
Meredith, including Investopedia and the Food & Wine magazine.
    
    
    
    
    

 (Reporting by Harshita Mary Varghese; Editing by Arun Koyyur)
 ((HarshitaMary.Varghese@thomsonreuters.com;))