Condé Nast Signs Deal With OpenAI

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Condé Nast Signs Deal With OpenAI

Condé Nast has entered a multi-year agreement with OpenAI, allowing the AI company to utilize content from its prestigious publications, including The New Yorker, Vogue, and Vanity Fair. This partnership aims to enhance OpenAI's offerings in ChatGPT and the new SearchGPT prototype while providing Condé Nast with a potential revenue stream amidst challenges in the publishing industry. CEO Roger Lynch emphasized the importance of adapting to new technologies while ensuring proper attribution and compensation for their intellectual property.

The deal has raised concerns among Condé Nast employees and industry observers about the implications of AI on journalism. Critics argue that such partnerships may undermine the credibility of publishers while benefiting tech companies that have historically scraped content without permission. As more media companies collaborate with AI firms, the industry faces a critical juncture, balancing the need for visibility against the risk of devaluing their own work.

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