News Corp, OpenAI reach landmark content licensing deal
NY Post
The Post’s owner News Corp agreed to a landmark content licensing deal with artificial intelligence giant OpenAI, the firms announced Wednesday.
The agreement allows the ChatGPT creator to use 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 answer user questions and train its AI tools.
The five-year deal could be worth more than $250 million, with compensation coming in the form of cash as well as credits for the use of OpenAI technology.
“We believe an historic agreement will set new standards for veracity, for virtue and for value in the digital age,” News Corp CEO Robert Thomson said. “We are delighted to have found principled partners in Sam Altman and his trusty, talented team who understand the commercial and social significance of journalists and journalism.”
“This landmark accord is not an end, but the beginning of a beautiful friendship in which we are jointly committed to creating and delivering insight and integrity instantaneously,” Thomson added.
The deal was announced in the midst of a heated race between Microsoft-backed OpenAI and rivals, such as Google, to develop advanced AI chatbots.
