News Corp. Strikes Multiyear Deal with OpenAI to Share News Content

News Corp. has made a groundbreaking decision to collaborate with OpenAI, a leading artificial intelligence company, in a multiyear deal to share news content. This partnership will not only be beneficial for training purposes but also for answering user queries.

Under this agreement, OpenAI will have access to a wide range of content from News Corp.’s major publications, including The Wall Street Journal, Barron’s, New York Post, and Australian publications like The Daily Telegraph. The deal is estimated to be worth over $250 million over five years, according to The Wall Street Journal.

This collaboration is part of OpenAI’s strategy to work with media companies to enhance its AI capabilities. Other media organizations, such as The Associated Press, Axel Springer, Prisa Media, Le Monde, and Financial Times, have also struck licensing deals with OpenAI for training purposes.

Unlike other deals, the News Corp. agreement allows OpenAI to use news content to directly answer user questions, a departure from Google’s approach of directing users to articles. This move signifies a shift towards AI-driven responses to user queries.

Sam Altman, CEO of OpenAI, expressed his excitement about the partnership, stating that it sets the foundation for a future where AI respects and enhances world-class journalism standards. Jason Cuomo, senior vice president for Moody’s Ratings, also praised the deal, calling it credit positive and validating News Corp.’s approach to monetizing its media brands.

In a different approach, The New York Times previously sued OpenAI and Microsoft for allegedly using its journalists’ work to train chatbots. However, the News Corp. deal represents a positive step towards the convergence of journalism and technology.

Overall, this collaboration between News Corp. and OpenAI marks a significant milestone in the evolution of AI-driven journalism and sets a precedent for future partnerships in the industry.