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Home Business

Apple reportedly exploring AI deals with news publishers — and willing to pay hundreds of thousands

INBV News by INBV News
December 23, 2023
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Apple reportedly exploring AI deals with news publishers — and willing to pay hundreds of thousands
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Apple has opened negotiations in recent weeks with major news and publishing organizations, in search of permission to make use of their material in the corporate’s development of generative artificial intelligence systems, the Recent York Times reported on Friday.

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The iPhone maker has floated multiyear deals value at the very least $50 million to license the archives of reports articles, in response to the report, which cited people accustomed to the discussions.

The news organizations contacted by Apple include Condé Nast, publisher of Vogue and the Recent Yorker; NBC News; and IAC, which owns People, the Each day Beast and Higher Homes and Gardens, the Recent York Times said.

Tim Cook’s Apple has floated multiyear deals value at the very least $50 million to license the archives of reports articles, in response to the report. AFP/Getty Images

Among the publishers contacted by Apple were lukewarm on the overture, in response to the report.

Apple didn’t immediately reply to a Reuters request for comment.

Big tech has been investing aggressively to integrate generative AI. Then again, Apple has used the technology to enhance basic functions in its recent gadgets.

Conde Nast  logoThe news organizations contacted by Apple include Condé Nast, publisher of Vogue and the Recent Yorker. Getty Images

Apple also introduced recent MacBook Pro and iMac computers and three recent chips to power them in October, highlighting that these might be utilized by artificial intelligence researchers, whose chatbots and other creations are sometimes constrained by how much data might be held in the pc’s memory.

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