News Corp. and OpenAI Collaboration
News Corp. has entered into a multiyear agreement with OpenAI to share news content for training and user query purposes. This collaboration will allow OpenAI access to a wide range of content from News Corp.'s major publications, such as The Wall Street Journal, Barron's, and The Daily Telegraph.
Details of the Deal
The specifics of the deal, including its duration and value, have not been disclosed. However, reports suggest that it could be valued at over $250 million for a period of five years. This partnership marks a significant milestone in the integration of artificial intelligence and journalism.
Expanding Partnerships
OpenAI has been forging similar partnerships with other media companies globally, including The Associated Press, Axel Springer, Prisa Media, Le Monde, and the Financial Times. While previous agreements primarily focused on using news content for training AI models, the News Corp. deal stands out as it allows OpenAI to utilize news content to respond to user inquiries.
Google recently announced changes to its search engines to provide more direct answers to queries, bypassing traditional news articles. In contrast, The New York Times took a different approach by filing a lawsuit against OpenAI and Microsoft for alleged unauthorized use of its journalists' work in training AI chatbots.
Industry Response
OpenAI's CEO, Sam Altman, views the News Corp. collaboration as a significant step towards aligning AI technology with journalistic standards. The partnership has also garnered positive feedback from industry experts, with Moody's Ratings describing it as credit positive and endorsing News Corp.'s strategic approach to monetizing its media assets.
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