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News Corp (NASDAQ:NWSA), the owner of The Times, The Sun and other newspapers, is set to open 6% higher after it signed a deal with OpenAI to provide it with content from its publications. OpenAI, the ChatGPT maker, will now have permission to use content from all of the multimedia group's titles when answering a user's question and to enhance its products.
News Corp. shares traded higher on Thursday after the media conglomerate inked a content deal with artificial-intelligence leader OpenAI.
There remains a vast repository of content from WSJ and other outlets that will significantly enrich OpenAI's generative AI products.
OpenAI has signed a deal with News Corp, a media conglomerate, that will give the artificial intelligence (AI) company access to content from many news organizations.
“We believe an historic agreement will set new standards for veracity, for virtue and for value in the digital age,” News Corp. CEO Robert Thomson said in a statement.
Deal lets ChatGPT maker use all articles from Wall Street Journal, New York Post, Times and Sunday Times for AI model development
News Corp. and OpenAI have reached an multi-year agreement to provide content for use in artificial intelligence. The deal is the latest that OpenAI has reached with news publishers, even as it defends itself from lawsuits filed by other content creators over the use of their work in training models.
OpenAI and News Corp on Wednesday announced a "multi-year global partnership" that will allow OpenAI to access current and archived articles from News Corp's outlets — including The Wall Street Journal, MarketWatch, Barron's, The New York Post and more. As part of the deal, OpenAI will be able to display content from News Corp-owned outlets within its ChatGPT chatbot, in response to user questions.
Sam Altman-led OpenAI has signed a deal to bring News Corp's news content to the artificial intelligence platform, the companies said on Wednesday.