News Corp. Strikes Multiyear Deal with OpenAI for News Content Collaboration

News Corp. has struck a groundbreaking deal with OpenAI, the leading artificial intelligence company, to share news content for training purposes and to answer user questions. This multiyear agreement will give OpenAI access to fresh and archived material from News Corp.’s major publications, including The Wall Street Journal and Barron’s. The deal, rumored to be worth over $250 million, marks a significant step in the collaboration between journalism and technology.

OpenAI has previously made similar deals with other media companies, but the News Corp. agreement stands out as it allows the AI company to use news content to directly answer user queries. This comes at a time when Google is changing its search engines to provide more direct answers, rather than directing users to news articles.

Sam Altman, CEO of OpenAI, hailed the partnership as a milestone for journalism and technology, emphasizing the importance of upholding the standards of world-class journalism. Jason Cuomo, senior vice president for Moody’s Ratings, also praised the deal as credit positive, highlighting the potential for News Corp. to monetize its media brands and drive growth in the news media segment.

Overall, the collaboration between News Corp. and OpenAI represents a significant development in the evolving relationship between AI and journalism, setting the stage for a future where AI enhances and respects the integrity of journalism.