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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.

The content-licensing pact aims to cash in on a technology that promises to have a profound impact on the news-publishing industry.

News Corporation (NASDAQ:NWSA ) Q3 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Michael Florin - Senior Vice President & Head, Investor Relations Robert Thomson - Chief Executive Susan Panuccio - Chief Financial Officer Conference Call Participants Entcho Raykovski - Evans & Partners David Karnovsky - JPMorgan Alan Gould - Loop Capital Craig Huber - Huber Research Darren Leung - Macquarie Lucy Huang - UBS Brian Han - Morningstar Jamie Laskovski - Goldman Sachs Operator Welcome to News Corp's Third Quarter Fiscal 2024 Earnings Conference Call. Today's conference is being recorded.

The headline numbers for News Corp. (NWSA) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

News Corp. (NWSA) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.09 per share a year ago.