• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Multi-Year Agreement Between Condé Nast and OpenAI

user avatar

by Giorgi Kostiuk

a year ago


  1. Agreement Between Condé Nast and OpenAI
  2. Benefits of the Partnership
  3. Trends and Potential Legal Issues

  4. Publishing powerhouse Condé Nast announced Tuesday that it has signed an agreement with OpenAI, the creator of ChatGPT, providing access to its extensive collection of articles from magazines including Wired, The New Yorker, GQ, and Vogue.

    Agreement Between Condé Nast and OpenAI

    The agreement gives OpenAI and its SearchGPT prototype access to Condé Nast’s wide database of articles. In a statement, OpenAI mentioned that they will use their conversational models along with information from the internet to provide fast and accurate answers. The technology will eventually be integrated into ChatGPT.

    Benefits of the Partnership

    The agreement is multi-year and aims to expand the reach of Condé Nast's content. Condé Nast CEO Roger Lynch noted that the partnership will help ensure proper attribution and compensation for the use of the company's intellectual property. Lynch acknowledged that news and digital media companies have struggled to monetize content in recent years, and the partnership with OpenAI might help recover some of these losses.

    Trends and Potential Legal Issues

    Despite the advantages, OpenAI is facing legal battles with other news publishers over copyright infringement claims. Companies like The New York Times and Orlando Sentinel have filed lawsuits against OpenAI and Microsoft. In August 2023, the Associated Press limited the use of generative AI for journalistic work, stating that any output from AI should be treated as unvetted source material.

    The partnership between Condé Nast and OpenAI promises new opportunities for both sides while ensuring the protection and investment in quality journalism. However, legal challenges and copyright compliance continue to be significant aspects in this area.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Algorithmic Trading and High-Frequency Trading

chest

Overview of algorithmic trading and high-frequency trading as essential components of modern futures trading.

user avatarGustavo Mendoza

Delta-Neutral Trading and Gamma Scalping

chest

Advanced traders are utilizing Delta-Neutral Trading and Gamma Scalping as sophisticated risk management techniques in current trading practices.

user avatarMiguel Rodriguez

InterCommodity Ratio Spreading and Calendar Spread Arbitrage

chest

Traders using advanced futures strategies are implementing InterCommodity Ratio Spreading and Calendar Spread Arbitrage to exploit market inefficiencies.

user avatarRajesh Kumar

Cash and Carry Arbitrage Strategy

chest

Professional traders are exploring the Cash and Carry Arbitrage strategy in the current trading environment. This strategy involves executing trades to lock in profits from pricing inefficiencies between physical and futures markets, potentially yielding near risk-free returns if executed flawlessly.

user avatarMaria Fernandez

Nomba Integrates Apple Pay for Nigerian Merchants

chest

Nomba integrates Apple Pay for Nigerian merchants, enabling contactless payments for in-store and online transactions, enhancing operational efficiency and addressing international payment challenges.

user avatarLuis Flores

Germany's Trade Deficit with China Set to Hit Record Highs

chest

Germany's trade deficit with China is projected to reach unprecedented levels in 2025, with imports rising by 72% and exports falling by 10%, resulting in a record deficit of 87 billion euros.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.