OpenAI and News Corporation Forge Partnership for News Information
OpenAI and News Corporation have recently entered into an agreement that will see them working together for several years. The primary objective of this partnership is to provide news information to OpenAI for training purposes and to address user requests effectively.
Rather than competing with OpenAI, News Corporation has chosen to collaborate with the renowned artificial intelligence company. Under the terms of the agreement, OpenAI will have access to content published in News Corp.’s major news outlets. This includes both recent and previously published articles from publications such as The Wall Street Journal, Barron’s, The New York Post, and The Daily Telegraph.
The Wall Street Journal, which is owned by News Corp., has estimated that the sale could be valued at over $250 million over a five-year period. Although the duration of the transaction and the total amount of money involved have not been disclosed, it is clear that this partnership holds substantial value for both parties involved.
News Corp. is not the only major media company that has entered into a license agreement with OpenAI. Other prominent organizations include the Associated Press, the Financial Times in London, Le Monde in France, Axel Springer in Germany, and Prisa Media in Spain. The London-based Financial Times is among OpenAI’s other significant media partners.
Through these partnerships, OpenAI has gained access to a vast amount of news data that it can utilize for training its AI systems. The collaboration with News Corp. will further enhance OpenAI’s ability to answer user inquiries using accurate and reliable news articles.
This partnership is particularly noteworthy because it represents a shift in how search engines like Google respond to user queries. Previously, Google would direct users to articles from various news outlets. However, Google has recently announced changes to its search engines to provide more direct answers to user queries.
The New York Times took a different approach last year when it filed a lawsuit against Microsoft and OpenAI, accusing them of using its journalists’ labor to train chatbots without permission. This legal dispute highlights the complexities and challenges surrounding the use of news data in AI systems.
OpenAI’s CEO, Sam Altman, expressed pride in the partnership with News Corp., stating that they are laying the groundwork for a future where AI respects and enhances world-class journalism standards. This collaboration has also garnered positive reviews from industry experts, such as Jason Cuomo, senior vice president at Moody’s Ratings, who considers the partnership to be highly creditworthy.
In conclusion, the partnership between OpenAI and News Corporation represents a significant step towards advancing AI technology in the field of journalism. By leveraging the expertise and resources of News Corp.’s major news outlets, OpenAI can improve its AI systems’ ability to provide accurate and reliable news information to users. This collaboration also showcases the potential for increased sales and profitability in the news media sector through innovative partnerships between technology and media companies.
