Tag: small business news

The Financial Times and OpenAI strike content licensing deal

by Taufan

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter. The Financial Times has struck a deal with OpenAI to train artificial intelligence models on the publisher’s archived content, in the latest agreement between the Microsoft-backed start-up and a global news publisher. Under the terms of the deal, the FT will license its material to the ChatGPT maker to help develop generative AI technology that can create text, images and code undistinguishable from human creations. The agreement also allows ChatGPT to respond to questions with short summaries from FT articles,…

Ultimate Performance strikes deal with buyout firm Inflexion | BusinessNews

by Taufan

Ultimate Performance, an upmarket health and fitness platform, has struck a deal to fuel its expansion by selling a stake to Inflexion, the private equity firm. Sky News understands that the Manchester-based personal wellbeing business, which was founded in 2009, has agreed a transaction after weeks of talks. Ultimate Performance delivers personalized training and nutrition programs to its clients across 24 sites. Founded by Nick Mitchell, it employs 450 people, including 350 personal trainers, in the UK, US, Middle East, Asia and Australia. Money latest: My employer wants to pay me by the minute – what can I do? Inflexion,…