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Home Technology

News Corp, OpenAI reach landmark content licensing deal

INBV News by INBV News
May 23, 2024
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News Corp, OpenAI reach landmark content licensing deal
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The Post’s owner News Corp agreed to a landmark content licensing cope with artificial intelligence giant OpenAI, the firms announced Wednesday.

The agreement allows the ChatGPT creator to make use of current and archived content produced by News Corp-owned publications — which also include the Wall Street Journal, Barron’s, The Sun and The Times of London — to reply user questions and train its AI tools.

The five-year deal could possibly be value greater than $250 million, with compensation coming in the shape of money in addition to credits for using OpenAI technology.

News Corp CEO Robert Thomson described the deal as “historic.” AFP via Getty Images

“We imagine an historic agreement will set latest standards for veracity, for virtue and for value within the digital age,” News Corp CEO Robert Thomson said. “We’re delighted to have found principled partners in Sam Altman and his trusty, talented team who understand the industrial and social significance of journalists and journalism.”

“This landmark accord just isn’t an end, but the start of a stupendous friendship wherein we’re jointly committed to creating and delivering insight and integrity instantaneously,” Thomson added.

News Corp owns The Post, The Wall Street Journal and other outlets. LightRocket via Getty Images

The deal was announced within the midst of a heated race between Microsoft-backed OpenAI and rivals, resembling Google, to develop advanced AI chatbots.

OpenAI has now struck content deals with several outstanding news publishers and platforms, including Politico parent Axel Springer, the Associated Press, Dotdash Meredith and Reddit.

Altman described the partnership as “a proud moment for journalism and technology.”

“We greatly value News Corp’s history as a pacesetter in reporting breaking news all over the world, and are excited to boost our users’ access to its high-quality reporting,” the OpenAI boss said.

“Together, we’re setting the inspiration for a future where AI deeply respects, enhances, and upholds the standards of world-class journalism.”

The licensing agreement followed months of negotiations between the 2 firms. News Corp may even “share journalistic expertise” to make sure high-quality content in OpenAI’s products.

OpenAI is best often called the creator of ChatGPT. AFP via Getty Images

News publishers have raised concerns that AI firms will use their content to construct chatbots after which use those self same products to siphon critical site traffic and ad revenue from media outlets.

Thomson – a vocal critic of AI firms which have effectively stolen content to create chatbots that churned out “rubbish” – said in February that News Corp believes “courtship is preferable to courtrooms” to handle the situation.

Other outlets have opted to pursue legal motion. That features the Recent York Times, which filed a sweeping federal copyright infringement lawsuit against OpenAI last December.

The deal surfaced just days after Google raised eyebrows with a controversial move so as to add AI-generated answers to its search engine.

The tech giant has also revealed plans so as to add ads to the regurgitated summaries, that are called “AI Overviews.”

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The Post’s owner News Corp agreed to a landmark content licensing cope with artificial intelligence giant OpenAI, the firms announced Wednesday.

The agreement allows the ChatGPT creator to make use of current and archived content produced by News Corp-owned publications — which also include the Wall Street Journal, Barron’s, The Sun and The Times of London — to reply user questions and train its AI tools.

The five-year deal could possibly be value greater than $250 million, with compensation coming in the shape of money in addition to credits for using OpenAI technology.

News Corp CEO Robert Thomson described the deal as “historic.” AFP via Getty Images

“We imagine an historic agreement will set latest standards for veracity, for virtue and for value within the digital age,” News Corp CEO Robert Thomson said. “We’re delighted to have found principled partners in Sam Altman and his trusty, talented team who understand the industrial and social significance of journalists and journalism.”

“This landmark accord just isn’t an end, but the start of a stupendous friendship wherein we’re jointly committed to creating and delivering insight and integrity instantaneously,” Thomson added.

News Corp owns The Post, The Wall Street Journal and other outlets. LightRocket via Getty Images

The deal was announced within the midst of a heated race between Microsoft-backed OpenAI and rivals, resembling Google, to develop advanced AI chatbots.

OpenAI has now struck content deals with several outstanding news publishers and platforms, including Politico parent Axel Springer, the Associated Press, Dotdash Meredith and Reddit.

Altman described the partnership as “a proud moment for journalism and technology.”

“We greatly value News Corp’s history as a pacesetter in reporting breaking news all over the world, and are excited to boost our users’ access to its high-quality reporting,” the OpenAI boss said.

“Together, we’re setting the inspiration for a future where AI deeply respects, enhances, and upholds the standards of world-class journalism.”

The licensing agreement followed months of negotiations between the 2 firms. News Corp may even “share journalistic expertise” to make sure high-quality content in OpenAI’s products.

OpenAI is best often called the creator of ChatGPT. AFP via Getty Images

News publishers have raised concerns that AI firms will use their content to construct chatbots after which use those self same products to siphon critical site traffic and ad revenue from media outlets.

Thomson – a vocal critic of AI firms which have effectively stolen content to create chatbots that churned out “rubbish” – said in February that News Corp believes “courtship is preferable to courtrooms” to handle the situation.

Other outlets have opted to pursue legal motion. That features the Recent York Times, which filed a sweeping federal copyright infringement lawsuit against OpenAI last December.

The deal surfaced just days after Google raised eyebrows with a controversial move so as to add AI-generated answers to its search engine.

The tech giant has also revealed plans so as to add ads to the regurgitated summaries, that are called “AI Overviews.”

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