Google To Pay Around $6 Million to News Corp To Develop AI Content: Report


Last Updated:

Google is taking help from media cos to develop AI content.

Google is taking help from media cos to develop AI content.

Alphabet-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, between $5 million and $6 million annually to develop new AI-related content and products, the Information reported on Tuesday.

(Reuters) -Alphabet-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, between $5 million and $6 million annually to develop new AI-related content and products, the Information reported on Tuesday.

The new arrangement is part of a longstanding partnership between Google and News Corp, the report said, citing a News Corp employee and another person close to the deal.

“We absolutely do not have an AI content licensing deal with Google, though we do have a number of partnerships with Google across our businesses,” a News Corp spokesperson told Reuters.

Google did not immediately respond to Reuters’ request for a comment.

AI firms are looking to partner with news organizations to license their archived content for training their chatbots.

Similar deals include that between OpenAI and news publishers such as Financial Times and Axel Springer, whose brands include Politico.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed – Reuters)



Source link

Share This

Leave a Reply

Your email address will not be published. Required fields are marked *

We use cookies to ensure that we give you the best experience on our website.