Google has entered into an agreement with News Corp, the owner of the Wall Street Journal, to develop new AI-related content and products. As part of this arrangement, Google will pay News Corp an annual sum between $5 million and $6 million. This collaboration is part of the broader Google News Initiative.
Here are the key points:
Partnership Details: News Corp, a major media conglomerate, owns several prominent news outlets, including the Wall Street Journal. The agreement aims to foster the development of AI-driven content and products.
Longstanding Relationship: This collaboration builds upon a longstanding partnership between Google and News Corp. Both companies recognize the potential of AI in enhancing content creation and delivery.
AI and News Organizations: News organizations are increasingly exploring partnerships with AI firms. Licensing archived content for training AI chatbots is a common practice.
Similar deals have been struck between OpenAI and news publishers like the Financial Times and Axel Springer.
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