OpenAI Negotiating Licensing Deals with Publishers Amidst Legal Turbulence
OpenAI is currently in talks with multiple publishers to secure licensing deals for their content in order to improve their AI models. The Chief of Intellectual Property and Content, Tom Rubin, has reported positive ongoing discussions with publishers. However, OpenAI is facing a lawsuit from The New York Times and Microsoft Corp. for allegedly using their articles without permission, which could result in significant damages and impact their content acquisition strategy. Despite this legal challenge, Rubin defended OpenAI's approach and emphasized that the content is only used for training models and not to reproduce or replace the original content.
OpenAI pays media companies $1-5 million a year to train its large language models using news articles
Two media company executives who recently negotiated with OpenAI said that OpenAI pays between $1 million and $5 million annually to some media companies to use their news articles to train their large language models. Even for small publishers, this is a small amount, which may make it difficult for OpenAI to reach an agreement. Meanwhile, an executive said that Apple, which is trying to catch up with OpenAI and Google in the generative AI field, is also trying to reach agreements with publishers to use their content. Apple offers more funding, but also wants broader rights to use the content than OpenAI. (The Information)
OpenAI is in preliminary discussions for a new round of funding at a valuation of $100 billion or more
insiders have revealed that OpenAI is in preliminary discussions for a new round of financing, with a valuation of $100 billion or more. Investors who may participate in this round of financing have been included in the preliminary discussions. The details of this round of financing, including terms, valuation, and timing, have not yet been finalized and may still change.
OpenAI signs multi-year licensing agreement with news publishing giant Axel Springer to pay for the use of its content
On December 13th, OpenAI reached a long-term licensing agreement with news publishing giant Axel Springer, as reported by The Wall Street Journal. Under the agreement, OpenAI will pay to use content from Axel Springer publications, including Politico and Business Insider in the US, and Bild and Welt in Europe, to populate ChatGPT's answers and train its artificial intelligence tools.
UK regulators scrutinize Microsoft, OpenAI partnership
The UK Competition and Markets Authority (CMA) stated on December 8th local time that it is collecting information from stakeholders to determine whether the collaboration between Microsoft and OpenAI poses a threat to market competition in the UK, where Google's artificial intelligence research laboratory Deepmind is located.<br>In response, a spokesperson for OpenAI stated that Microsoft's non-voting board observer seat did not provide them with management authority or control over OpenAI's operations.
OpenAI may delay launching GPT store
A memo from OpenAI reveals that the GPT Store, originally planned to be launched this year, will be delayed until early 2024. It is reported that the reason for the delay in launching the GPT Store is that OpenAI hopes to further optimize it. The relevant internal memo did not mention any connection with the high-level turmoil that occurred when Sam Altman was dismissed and then returned to the company. As of now, OpenAI has not yet commented on the delay in launching the GPT Store. (Reuters)
OpenAI plans to sell shares at a company valuation of approximately $86 billion, and the bid deadline has been extended to January 5, 2024
According to insiders reported that OpenAI plans to sell stocks at a company valuation of approximately $86 billion, with the bidding deadline extended to January 5, 2024.
OpenAI founder Sam Altman: OpenAI board of directors will include Microsoft in a non-voting observer role
OpenAI announced on social media that Sam Altman has resumed his role as CEO, Mira Murati has been appointed as CTO, and Greg Brockman has been appointed as President. OpenAI founder Sam Altman also stated that the OpenAI board will include Microsoft as a non-voting observer.
OpenAI's ChatGPT: Widely Used by Fortune 500 Companies, but Facing Challenges and Concerns
OpenAI's ChatGPT has been widely adopted by over 92% of Fortune 500 companies for various purposes, leading to the company's growth and success. However, the recent firing and return of CEO Sam Altman has raised concerns about the company's direction and opened the door for competitors. Despite potential negative aspects of ChatGPT, OpenAI is heavily investing in it, with updates such as GPT-4 Turbo, a multimodal API, and a GPT store. Recent updates include the integration of DALL-E 3 and the release of ChatGPT Voice to all free users. The company has also launched a new subscription plan for ChatGPT called ChatGPT Plus, with prices starting at $20 per month.
The Information: OpenAI won’t give Microsoft and other investors board seats
According to foreign media The Information, OpenAI will not provide board seats to Microsoft and other investors.
