News-publishing giant Axel Springer has inked a multiyear licensing deal with AI pioneer OpenAI, a significant milestone as media companies push for compensation for the use of their content in AI tools.
Under the agreement, OpenAI will pay to use content from Axel Springer publications, which include Politico and Business Insider in the U.S. and European properties Bild and Welt, to populate answers in ChatGPT and train its artificial-intelligence tools.
The companies declined to disclose financial terms, but the pact is expected to generate substantial revenue for Axel Springer.