What is the financial value of the Meta and News Corp AI deal?

The deal is reportedly valued at up to $50 million annually for three years.

How does News Corp approach AI companies regarding content usage?

News Corp employs a 'woo and sue' strategy, partnering with companies that pay for content and taking legal action against those who use it without permission.

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AI Giants Pay Millions for News Content

Q: Which News Corp brands are included in the Meta AI deal?

The deal includes content from The Wall Street Journal and other News Corp brands in the US and UK.

4 Mar

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Summary

Meta secures AI licensing deal with News Corp.
Deal allows AI chatbot responses and model training.
Potential annual payment up to $50 million.

Meta has entered into a substantial AI licensing agreement with News Corp, which will permit the tech company to utilize content from The Wall Street Journal and other News Corp brands. This content will be used for training AI models and in chatbot responses.

The deal, confirmed by News Corp, reportedly involves an annual payment of up to $50 million to News Corp. This three-year arrangement encompasses content from The Journal and News Corp's additional brands operating within the United States and the United Kingdom.

This agreement follows News Corp's prior five-year deal with OpenAI, valued at approximately $250 million. News Corp CEO Robert Thomson has described the company's negotiation strategy as "woo and sue," indicating a willingness to partner with companies that pay for content while pursuing legal action against those who attempt to use it without authorization.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.