Meta ‘discussed buying publisher Simon & Schuster to train AI’

Audio shared with the New York Times appears to record executives discussing purchase of the US books giant to feed into its large language modelsStaff at technology company Meta discussed buying publishing house Simon & Schuster last year in order to procure books to train the company’s artificial intelligence tools, it has been reported.According to recordings of internal meetings shared with the New York Times, managers, lawyers and engineers at Meta met on a near-daily basis between March and April 2023 to discuss how it could get hold of more data to train AI models. From the recordings, which were shared by an employee of the Mark Zuckerberg-owned company that owns Facebook and Instagram, the New York Times found that staff had discussed buying Simon & Schuster and some had debated paying $10 per book for the licensing rights to new titles. Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2024-04-09 15:36:14 UTC ]
News tagged with: #train ai #audio shared #books giant #procure books #meta met #near-daily basis #owns facebook #licensing rights #publishing house #schuster

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Rupert Murdoch’s News Corp Bids for Simon & Schuster

A sale of the venerable publisher of Stephen King and Hillary Clinton could fetch $1.7 billion and rev up consolidation in book publishing. Continue reading at The New York Times

[ The New York Times | 2020-11-17 08:28:15 UTC ]
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AI to benefit academic publishers the most, says PA report

A report compiled by the Publishers Association has found that one in six publishers think Artificial Intelligence will bring about "significant" change for the industry, with academic publishers set to benefit the most. Continue reading at The Bookseller

[ The Bookseller | 2020-10-06 21:50:35 UTC ]
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Publishing and AI

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[ The Bookseller | 2020-10-06 20:14:00 UTC ]
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Hachette UK Buys Laurence King Publishing

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[ Publishers Weekly | 2020-09-02 04:00:00 UTC ]
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Hachette UK buys Laurence King Publishing

Hachette UK has bought arts and gifts specialist Laurence King Publishing for an undisclosed sum. Continue reading at The Bookseller

[ The Bookseller | 2020-09-01 17:19:46 UTC ]
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AI Storytelling Game May Expand Publishing’s Horizons

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The storied culinary media brand lands a, well, seasoned publishing pro at a critical juncture.   Continue reading at Advertising Age

[ Advertising Age | 2020-08-27 17:16:47 UTC ]
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Chatham announces plan to buy newspaper publisher McClatchy

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Hedge fund Chatham plans to buy newspaper publisher McClatchy out of bankruptcy, ending 163 years of family control

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Simon & Schuster Establishes Carolyn Kroll Reidy Memorial Scholarship

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[ Publishing Perspectives | 2020-07-09 17:08:31 UTC ]
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Simon & Schuster Moves Up Mary Trump Book to July 14

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[ Publishing Perspectives | 2020-07-06 20:49:08 UTC ]
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[ Publishing Perspectives | 2020-07-01 13:49:34 UTC ]
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As IPA Backs Simon & Schuster on Bolton Book, Court Hearing Yields Little

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[ Publishing Perspectives | 2020-06-19 21:17:52 UTC ]
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[ The New York Times | 2020-06-17 22:36:46 UTC ]
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[ The New York Times | 2020-05-28 17:25:48 UTC ]
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