News Corp. Decides to Take the Money From OpenAI In Major Licensing Deal

[highplainsdem]

Source: Hollywood Reporter

-snip-

"Through this partnership, OpenAI has permission to display content from News Corp mastheads in response to user questions and to enhance its products, with the ultimate objective of providing people the ability to make informed choices based on reliable information and news sources," the companies said in the announcement.

The News Corp. properties The Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily, FN, and New York Post; The Times, The Sunday Times and The Sun; The Australian, news.com.au, The Daily Telegraph, The Courier Mail, The Advertiser, and Herald Sun are all part of the deal, terms of which were not disclosed.

-snip-

News Corp. CEO Robert Thomson has previously said that he expects AI deals to eventually deliver "significant" revenue for the company, saying in an earnings call last year that "generative AI engines are only as sophisticated as their inputs and need constant replenishing to remain relevant. And we are proud to partner with responsible purveyors of AI products and their prescient leaders."

-snip-

"Our partnership with News Corp is a proud moment for journalism and technology," added Sam Altman, CEO of OpenAI. "We greatly value News Corp's history as a leader in reporting breaking news around the world, and are excited to enhance our users' access to its high-quality reporting. Together, we are setting the foundation for a future where AI deeply respects, enhances, and upholds the standards of world-class journalism."

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Read more: https://www.hollywoodreporter.com/business/business-news/news-corp-openai-licensing-deal-1235906585/amp/

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According to Variety, it's for $250 million over 5 years: https://variety.com/2024/digital/news/news-corp-openai-licensing-deal-1236013734/

For RW news sources. Starting before the election.

Sam Altman did say that AI - and the US - will be fine no matter who wins the election: https://www.cnbc.com/2024/01/19/openais-sam-altman-ai-will-be-fine-regardless-of-us-election-outcome-.html

[bucolic_frolic]

1. AI is like a cost benefit analysis or a crooked accountant

You can tweak it any way you want to.

[highplainsdem]

2. ???? Not quite sure what you mean. But the intent at OpenAI is to have users get most of their news

through the chatbot, and have questions about the news and current affairs answered by the chatbot.

And they just made News Corps their main source of news.

[bucolic_frolic]

3. That's what I mean: News Corps their main source of news.

[highplainsdem]

4. Thanks for explaining! I wonder what Trump promised Sam Altman. We know what he promised

the oil companies.