Breaking News: OpenAI Strikes Multiyear Deal with News Corp.

Published On Fri May 24 2024
Breaking News: OpenAI Strikes Multiyear Deal with News Corp.

OpenAI to start using news content from News Corp. as part of a Multiyear Deal

OpenAI has recently announced a groundbreaking partnership with News Corp., marking a significant milestone in the world of artificial intelligence and journalism. As part of this multiyear deal, OpenAI will have access to news content from News Corp., including renowned publications such as The Wall Street Journal, Barron’s, New York Post, The Daily Telegraph, and more.

News Corp. Logo

Enhancing User Experience and Product Development

OpenAI's collaboration with News Corp. aims to enrich user experiences by leveraging News Corp.'s extensive pool of current and archived content. This partnership will allow OpenAI to enhance its products through the integration of News Corp.'s news content, providing users with valuable information sourced from trusted journalistic sources.

Ensuring Journalism Standards and Credibility

News Corp. will play a pivotal role in upholding journalism standards within OpenAI's offerings. By providing access to their content, News Corp. aims to ensure that the highest standards of journalism are maintained across OpenAI's platforms, fostering credibility and reliability among users.

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Industry Recognition and Validation

The partnership between OpenAI and News Corp. has garnered recognition within the industry, with experts acknowledging the strategic significance of this collaboration. Jason Cuomo, senior vice president for Moody’s Ratings, highlighted the credit positive nature of News Corporation's partnership with OpenAI, emphasizing the potential for revenue growth and enhanced profitability in the news media segment.

Expanding Partnerships and Data Acquisition

OpenAI's foray into partnerships extends beyond News Corp., with licensing deals in place with other prominent media companies worldwide. These collaborations, including agreements with The Associated Press, Axel Springer, Prisa Media, Le Monde, and the Financial Times, underscore OpenAI's commitment to acquiring diverse datasets to train its AI systems effectively.

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Furthermore, OpenAI's pursuit of data has transcended traditional news sources, with notable agreements outside the journalism landscape, such as the partnership with social media platform Reddit.