Trends

Condé Nast and OpenAI form collaboration

Media group Condé Nast has struck a deal with OpenAI on Tuesday to allow the artificial intelligence provider to use its content.

AuthorBTW Editorial

Reading Time2 min

PublishedAugust 22, 2024

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Headline

Media group Condé Nast has struck a deal with OpenAI on Tuesday to allow the artificial intelligence provider to use its content.

Context

OUR TAKE Not only Condé Nast, but also the news media industry has been cooperating with artificial intelligence is a general trend, while conforming to the trend, each enterprise should comply with the relevant regulations, implement and fulfil the principles of the law, and face the development of science and technology with a highly responsible attitude. — Iydia Ding, BTW reporter Media conglomerate Condé Nast has struck a deal with OpenAI on Tuesday to allow the AI provider to use its content.

Evidence

Pending intelligence enrichment.

Analysis

In a memo to staff, Condé Nast CEO Roger Lynch wrote that the multi-year partnership shows that “it is critical that we meet our audiences where they are and embrace new technologies, while also ensuring appropriate attribution and compensation for the use of our intellectual property. The CEO added that the partnership with OpenAI will begin to “offset some of our revenues and allow us to continue to protect and invest in our journalistic and creative work”. Throughout the process, OpenAI has shown that they are also very committed to this mission, and is willing to work productively with publishers like Condé Nast so that the public has access to reliable information and news through their platforms,” he continued, “This partnership recognises that there is no substitute for the exceptional content produced by Condé Nast and many of our titles, and it is a step towards ensuring that our technology-led future of the company is a step forward in responsible creation.” Also re ad: OpenAI blocks Iranian ChatGPT accounts for U.S. election targeting Also read: OpenAI emerges as a major threat to Google with AI search

Key Points

Media group Condé Nast has struck a deal with OpenAI on Tuesday to allow the AI provider to use its content.
Condé Nast, which owns a number of leading media assets, is just the latest in a long line of major news companies that have partnered with OpenAI to develop artificial intelligence as the technology becomes more prominent.