OpenAI is paying Dotdash Meredith at least $16 million per year to license content for training ChatGPT, with potential for additional variable payments. Dotdash Meredith will also use OpenAI’s models to enhance its ad-targeting tool, displaying content from publications like Food & Wine and InStyle. This partnership reflects a trend of publishers offering content to AI companies, with other examples including The Financial Times and HarperCollins.
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Alibaba appoints Jiang Fan its new e-commerce chief in an overhaul of the struggling business; Jiang was demoted in 2020 after allegations of improper conduct (Bloomberg)
Alibaba has appointed Jiang Fan as its new e-commerce chief as part of a reorganization effort to revive the struggling business, with Jiang now overseeing the entire commerce unit following his demotion in 2020 due to allegations of improper conduct. As the international chief, Jiang will become one of the company's most powerful executives, taking on a significant role in leading Alibaba's e-commerce operations. The move signals Alibaba's commitment to strengthening its e-commerce division under...
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