Time strikes licensing deal with OpenAI

Time has struck a multi-year content licensing deal and strategic partnership with OpenAI, Axios has learned.

Why it matters: The deal with the Microsoft-backed parent of ChatGPT is part of a broader effort by Time to expand access to its content to younger and more diverse audiences globally.

• The company removed its digital paywall last year, citing that same reason.

Driving the news: The deal gives OpenAI access to Time's archives from the last 101 years to train its large language models and use for responses to user queries in its consumer-facing products, such as ChatGPT, according to a statement Time provided to Axios.

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