OpenAI and News Corp, owner The Wall Street Journal, MarketWatch, Sunand more than a dozen other publishing brands have signed multi-year deals to feature news from these publications on ChatGPT, News Corp. announced on Wednesday. OpenAI will be able to access both current and archived content from News Corp publications and use the data to further train its AI models. Neither company disclosed the terms of the deal, but a report said The Wall Street Journal is estimated News Corp would receive $250 million in cash and loans over five years.
Robert Thomson, chief executive of News Corp, said: “The Pact recognizes that it is a prize for premium journalism.” reported A notice to employees on Wednesday said. “The digital age is characterized by the dominance of distributors at the expense of creators in most cases, and many media companies have been swept away by a relentless technological tide. Now it is our duty to make maximum use of this opportunity.”
Generative AI has exploded in popularity since OpenAI released ChatGPT in late 2022. But the quality of the answers AI-powered chatbots provide is only as good as the data used to train the models that power it. Until now, AI companies have often trained their models by scraping publicly available data from the internet without consent of the creators. But lately, they’ve been making financial deals with the news industry to make sure their AI models can be trained on current and authoritative data. In the last few months alone, it announced a partnership with OpenAI Redditthe Financial Times, Dotdash Merediththe Associated PressGerman publishing house Axel Springerthe owner Politics and Business Insider in the United States and Bild and Die Welt in Germany and Spain Prisa Media. Last month, News Corp also signed a $5-6 million deal with Google to train AI models. according to one report in Information.
Google and OpenAI aren’t the only companies inking these deals to train AI models. Hours before News Corp’s announcement, Business Insider informed o Meta, which one recently filled also sells its AI chatbot on Facebook, Messenger, WhatsApp and Instagram AI powered sunglasseswas considering its own deals with news publishers to gain access to training data.
Money from AI companies is a growing source of revenue for the struggling news industry. But some publishers are still wary of making these deals. The New York Times sued OpenAI and Microsoft use content to train artificial intelligence systems. And NYTthe BBC and The Verge They blocked OpenAI from hacking their websites.
