NIX Solutions: OpenAI and News Corp Enter $250M Licensing Deal

OpenAI has entered into a licensing agreement with News Corp, a media company that includes publications such as The Wall Street Journal, New York Post, and The Daily Telegraph. This deal could cost the artificial intelligence developer $250 million over the next five years “in the form of cash and credits for the use of OpenAI technologies.”

NIX Solutions

As part of the multi-year agreement, OpenAI will have access to archived and current publications from News Corp, which will be used to train the AI and answer user questions. Previously, OpenAI entered into similar agreements with other major publications: the Associated Press, the Financial Times, the publisher Dotdash Meredith (which owns People magazine), and the Axel Springer concern (which owns Politico). We’ll keep you updated on any further developments in these collaborations.

Access and Expertise

In addition to well-known titles like The Wall Street Journal and The New York Post, OpenAI will also have access to publications such as Barron’s, MarketWatch, Investor’s Business Daily, FN, Sunday Times, The Sun, and The Australian. As part of this licensing agreement, News Corp will also contribute “journalistic expertise” to ensure high standards of journalism are maintained in the AI’s outputs, adds NIX Solutions.

However, not all media companies have welcomed such partnerships. Some, like the New York Times, New York Daily News, Chicago Tribune, and The Intercept, have sued OpenAI. They accused the company and its partner Microsoft of copyright infringement when training AI models on their materials.

Ensuring Ethical AI Training

This new agreement highlights OpenAI’s continued efforts to expand its training data while addressing concerns about copyright and journalistic integrity. By incorporating high-quality sources and expert contributions, OpenAI aims to enhance the accuracy and reliability of its AI models. As these partnerships evolve, we’ll keep you updated on their impact on AI technology and the media landscape.