The Guardian is the latest news organization to partner with OpenAI
The Guardian Media Group, owner of The Guardian and The Observer newspapers, is partnering with OpenAI. The deal will see reporting from The Guardian appear as a news source within ChatGPT, alongside article extracts and short summaries. In return, OpenAI will provide the Guardian Media Group with access to ChatGPT Enterprise, which the company says it will use to develop new products, features and tools.
"This new partnership with OpenAI reflects the intellectual property rights and value associated with our award-winning journalism, expanding our reach and impact to new audiences and innovative platform services," said Keith Underwood, chief financial and operating officer of the Guardian Media Group.
The Guardian Media Group joins a growing list of news publishers that are now working with OpenAI after an initial period of uncertainty over the company and its business model. What started as a trickle with The Associated Press in 2023 has since become a flood, with many of the English-speaking world's leading publishers inking deals with the AI startup.
In some ways, The Guardian has been more proactive than others. In 2023, the newspaper publish an article detailing its approach to generative AI. A year later, it announced a partnership with ProRata, a company that built a platform that allows AI platforms to attribute search results and share revenue with content owners. Today's announcement also comes after a major coalition of publishers, including The Guardian, announced a lawsuit against Cohere, a Canadian startup they allege improperly used more than 4,000 copyrighted works to train its AI models.
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The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval in connection with the participation of the insider in the Private Placement in reliance on the exemptions contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, as the fair market value of the insider participation does not exceed 25% of the Company's market capitalization as determined in accordance with MI 61-101. The Company obtained approval by the board of directors of the Company to the Private Placement. No materially contrary view or abstention was expressed or made by any director of the Company in relation thereto. The Company did not file a material change report less than 21 days before the expected closing date of the Private Placement as the insider participation was not settled until shortly prior to closing and the Company wished to close on an expedited basis for sound business reasons. 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Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law. SOURCE Finlay Minerals Ltd. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
