Financial Times says that World’s biggest tech companies such as OpenAI, Google, Microsoft, Adobe and others discussing to ‘strike landmark deals over the use of news content to train artificial intelligence technology’. Similarly, other publishing companies including News Corp, Axel Springer, The New York Times and The Guardian are also involved in similar discussion.

Quoting sources, the Financial Times writes “the deals could involve media organisations being paid a subscription-style fee for their content in order to develop the technology underpinning chatbots such as OpenAI’s ChatGPT and Google’s Bard”.

“Copyright is a crucial issue for all publishers. As a subscriptions business, we need to protect the value of our journalism and our business model. Engaging in constructive dialogue with the relevant companies, as we are, is the best way to achieve that.”

– Financial Times

Google is also reportedly discussing with British news outlets, such as The Gurdian and NewsUK. Google has used their data to train its AI chatbots, writes Financial Times.

Google has put a licensing deal on the table. They have accepted the principle that there needs to be payment . . . but we have not got to the point of talking zeros. They have acknowledged that there is a money conversation that we need to have over the next few months, which is the first step.

– An Executive from Newspaper Group (Source: Financial Times)

Quoting people involved in the discussion, the Times writes “Since launching ChatGPT in November, OpenAI chief Sam Altman has met News Corp and The New York Times. The company acknowledged it had held talks with publishers and publishing associations around the world on how they could work together.”