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Open AI negotiates licensing agreements with media companies… “Proposal of up to 6.5 billion won per year”

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It has been reported that OpenAI, which was sued for copyright infringement by the New York Times (NYT), is negotiating to sign article licensing agreements with dozens of media companies. There were also reports that Open AI proposed an annual licensing fee of approximately 1 million to 5 million dollars (1.3 to 6.5 billion won) per media company.

Tom Rubin, head of OpenAI intellectual property rights, said in an interview with Bloomberg News on the 4th (local time) that negotiations are underway to use media article data for artificial intelligence (AI) training, saying, “It is a very positive situation.” “There will be more contract announcements in the future.”

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Previously, OpenAI signed a multi-year news content use contract worth tens of millions of dollars with Axel Springer, the parent company of political media outlet Politico. A contract was signed with the Associated Press in July of last year, but the cost has not been disclosed.

The Information Technology (IT) media outlet The Information reported, citing sources, that OpenAI proposed $1 million to $5 million per year for the cost to be paid to media outlets. There were also reports that Apple previously offered a negotiated amount of at least $50 million (KRW 65.7 billion) to each media company for AI training.

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However, some analysts say that negotiations will become difficult due to the NYT lawsuit. This is because if NYT wins the lawsuit, the overall terms of the license agreement may change. Bloomberg News said, “NYT’s lawsuit is an existential challenge to the open AI business,” and added, “If the New York Times wins, not only will it have to pay billions of dollars (trillions of won) in damages, but it will also have to destroy all training data containing NYT articles.” “However, this is a costly and complex task,” he pointed out.

Meanwhile, OpenAI is known to be planning to release the ‘GPT Store’, a kind of AI version of ‘App Store’, next week. GPT Store is a marketplace designed to allow anyone, even non-experts, to easily create or select a customized chatbot.

New York =

Source: Donga

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