Artificial intelligence company OpenAI has signed an agreement with News Corp. to receive content from some of the latter's biggest news publications.
The Zhitong Finance App learned that the artificial intelligence company OpenAI has signed an agreement with News Group (NWSA.US) to obtain content from some of the largest news publications under the latter. OpenAI did not reveal financial details of the latest agreement, but according to reports, the deal could be worth more than $250 million over five years. The report also said that the collaboration also includes a guarantee that content will not be made available on ChatGPT immediately after it is posted on one of the news sites. As of press release, News Corp's US stocks rose more than 5% after the market on Wednesday.
According to reports, OpenAI reached an agreement with the Financial Times a few weeks ago to license the latter's content for the development of artificial intelligence models. Access to large amounts of data helps enhance the content generated by OpenAI's chatbot ChatGPT. This partnership is critical to the training of artificial intelligence models, and may also be profitable for news publishers.