OpenAI signs content deal with Financial Times; Google fights antitrust. #techgiants

OpenAI has struck a content licensing deal with the Financial Times, allowing the AI company to use the publisher’s material to train its AI models and provide summaries of articles. This deal comes after legal disputes with other publishers over copyright infringement. Google is seeking to throw out an antitrust case that accuses it of monopolizing online advertising technology. The Justice Department alleges that Google’s dominance allows it to keep a significant portion of ad revenue and favor its own advertising tools. Google argues that the case is based on a fabricated market. Meanwhile, Alphabet, Google’s parent company, reported strong financial results for Q1, with revenue driven by Search, YouTube, and Cloud services. Revenues reached $80.5 billion, with Services revenue growing by nearly a quarter year-over-year. The company’s performance was highlighted by revenue from Search, YouTube, and Cloud services. Additionally, new content on ExchangeWire and PressBox covers topics such as the MadTech Podcast’s 300th episode, the Revolut ad model, Google’s delay of third-party cookie deprecation, and industry updates on creative effectiveness and out-of-home technology.

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Source link: https://www.exchangewire.com/blog/2024/04/30/openai-strikes-content-licensing-deal-with-financial-times-google-seeks-to-throw-out-antitrust-case/