The Financial Times is the latest publisher to join Google’s latest group of AI deals which are believed to involve cash payments to publishers, reports Charlotte Tobitt of Press Gazette.
Tobitt reports, “Financial Times chief executive Jon Slade announced the title’s new deal with Google at the event on Wednesday.
“Slade said: ‘I really commend Google for showing up to the debate and being prepared to listen and act, and I’m encouraged by emerging licensing deals, by discussions of marketplaces grounded in high quality journalism and by growing recognition that original reporting and human judgement have value in an AI era.
“‘And in that vein, I am very pleased to announce that Google and the FT have now signed a deal licensing FT journalism into a series of AI pilot projects.
“‘We don’t yet know precisely where this will take us. It is a pilot, after all, but I’m excited about what we can create together, and I’m grateful that Google recognises not only the importance of high quality journalism empowering accuracy and utility in its products, but also the things that matter to us in a licensing arrangement…'”
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