Investopedia-owner Dotdash Meredith signs content licensing agreement with OpenAI – 05/07/2024 at 3:17 p.m.

Investopedia-owner Dotdash Meredith signs content licensing agreement with OpenAI – 05/07/2024 at 3:17 p.m.
Investopedia-owner Dotdash Meredith signs content licensing agreement with OpenAI – 05/07/2024 at 3:17 p.m.

((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))

(Corrected spelling of company name in title)

Dotdash Meredith has signed a content licensing agreement with OpenAI to train AI models and enable ChatGPT to answer queries with summaries attributable to America’s largest digital and print publishing house, the company said. businesses Tuesday.

Financial details of the deal were not disclosed.

The deal with Dotdash Meredith, the largest company in internet holding company IAC IAC.O , follows similar deals for OpenAI with the Financial Times, global news publisher Axel Springer, French newspaper Le Monde and Spanish company Prisa Media.

“We have never hidden the fact that AI platforms need to pay publishers for their content and that content needs to be properly attributed,” said Neil Vogel, managing director of Dotdash Meredith.

The deal will give ChatGPT’s 100 million users access to content from more than 40 Dotdash Meredith-owned media brands, including Investopedia and Food & Wine magazine.

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