OpenAI will reportedly pay $250 million to put News Corp's journalism in ChatGPT

OpenAI and News Corp, the owner of The Wall Street Journal, MarketWatch, The Sun, and more than a dozen other publishing brands, have struck a multi-year deal to display news from these publications in ChatGPT, News Corp announced on Wednesday. OpenAI will be able to access both current and well as archived content from News Corp’s publications and use the data to further train its AI models. Neither company disclosed the terms of the deal, but a report in The Wall Street Journal estimated that News Corp would get $250 million over five years in cash and credits. “The pact acknowledges that there is a premium for premium journalism,” News Corp Chief Executive Robert Thomson reportedly said in a memo to employees on Wednesday. “The digital age has been characterized by the dominance of distributors, often at the expense of creators, and many media companies have been swept away by a remorseless technological tide. The onus is now on us to make the most of this providential opportunity.” Generative AI has exploded in popularity ever since OpenAI released ChatGPT at the end of 2022. But the quality of the responses provided by AI-powered chatbots is only as good as the data that is used to train the models that power it. So far, AI companies have trained their models by scraping publicly available data from the internet often without the consent of creators. But in recent times, they have been striking financial deals with the news industry to make sure that AI models can be... Continue reading at 'Engadget'

[ Engadget | 2024-05-22 21:46:16 UTC ]

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HarperCollins Union Plans Rally at News Corp Offices in Manhattan

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[ Publishers Weekly | 2023-01-13 05:00:00 UTC ]
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The Australian: Michelle Gunn becomes Murdoch-owned newspaper’s first female editor-in-chief

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[ The Guardian | 2023-01-06 01:24:53 UTC ]
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Lachlan Murdoch seeks to draw Private Media chairman Eric Beecher into lawsuit against Crikey

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[ The Guardian | 2022-12-22 01:17:18 UTC ]
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News Corp ends year on a low note as another senior figure investigated over alleged behaviour at staff drinks | The Weekly Beast

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[ The Guardian | 2022-12-16 02:16:26 UTC ]
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Wall Street Journal Names Emma Tucker as New Editor

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[ The New York Times | 2022-12-12 22:10:23 UTC ]
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Lachlan Murdoch’s whirlwind week: from US court testimony to Sydney Christmas party as elites rub shoulders | The Weekly Beast

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[ The Guardian | 2022-12-09 01:26:31 UTC ]
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Lachlan Murdoch alleges Crikey hired marketing firm to turn legal threat into subscription drive

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[ The Guardian | 2022-11-30 06:29:17 UTC ]
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Chris Dore’s exit from News Corp lifts lid on behaviour at governor general’s residence | Weekly Beast

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[ The Guardian | 2022-11-25 03:15:19 UTC ]
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Peter Gleeson leaves News Corp’s Courier-Mail and Sky News after multiple instances of plagiarism

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[ The Guardian | 2022-11-24 07:57:58 UTC ]
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The Australian’s editor Chris Dore lost his job after attending News Corp event in California

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[ The Guardian | 2022-11-18 07:59:05 UTC ]
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Crikey’s Peter Fray apologises over Walkley outburst as speculation surrounds Chris Dore’s News Corp exit | Weekly Beast

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[ The Guardian | 2022-11-18 02:09:22 UTC ]
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Chris Dore resigns as editor-in-chief of the Australian blaming ‘personal health issues’

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[ The Guardian | 2022-11-16 07:28:50 UTC ]
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[ The Guardian | 2022-10-31 13:39:54 UTC ]
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[ Engadget | 2022-10-27 15:22:26 UTC ]
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[ The Guardian | 2022-10-14 03:11:42 UTC ]
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