OpenAI and News Corp sign $250 million deal to train AI journalism models

OpenAI and News Corp have announced a multi-year deal worth $250 million.

Here's What We Know

The agreement provides that OpenAI will have access to a wide range of news content from News Corp, including publications such as The Wall Street Journal, MarketWatch, The Sun, and others. This content will be used to train artificial intelligence models, such as ChatGPT, which is developed by OpenAI.

According to a report in The Wall Street Journal, the agreement stipulates that News Corp will receive $250 million over five years in cash and loans.

This is not the first time that AI companies have entered into financial agreements with news publishers to train their systems.

Recently, OpenAI has also entered into similar deals with Reddit, the Financial Times, and the Associated Press, as well as German publisher Axel Springer and Spanish Prisa.

Source: News Corp