OpenAI has announced a multi-year agreement with News Corp, a major media conglomerate. Under this deal, OpenAI will have access to news content within the News Corp group to utilize as data for its artificial intelligence products.
While the official value of the deal has not been disclosed, sources within The Wall Street Journal (which is owned by News Corp) suggest it to be over $250 million for a 5-year period. The payment will include both cash and credits for the usage of OpenAI’s technology.
Examples of News Corp media outlets that OpenAI will have access to include The Wall Street Journal, Barron’s, MarketWatch, Investor’s Business Daily, FN, New York Post, among others. It should be noted that this agreement pertains only to news media within the News Corp group, excluding other types of media under its umbrella.
Source: News Corp and The Wall Street Journal
TLDR: OpenAI secures a long-term agreement with News Corp for access to news content, rumored to be worth over $250 million for a 5-year period, covering selected media outlets within the News Corp group.
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