News Corp, the multinational news publisher owned by the Murdoch family, announced on Wednesday that it has struck a deal with OpenAI to display its news content in response to user inquiries on ChatGPT. This move comes as part of a trend where several news organizations are entering into content agreements with the rapidly expanding AI company.
Although the exact financial details of the deal between News Corp and OpenAI were not disclosed, The Wall Street Journal, a News Corp publication, stated that the agreement might exceed $250 million over a period of five years. This would encompass cash payments as well as credits for utilizing OpenAI’s technology.
This collaboration between News Corp and OpenAI signifies a significant partnership between a traditional media powerhouse and a cutting-edge technology company. By leveraging OpenAI’s artificial intelligence capabilities, News Corp hopes to enhance the engagement and user experience for individuals seeking news content through ChatGPT. This strategic alliance underscores the growing importance of artificial intelligence in the media industry and highlights the dynamic nature of content distribution in the digital age.
