OpenAI and News Corp Strike Major Licensing Deal

OpenAI has successfully procured a licensing agreement with News Corp, as confirmed on May 22, 2024. This significant deal includes content from a variety of News Corp’s publications, including The Wall Street Journal, Barron’s, and MarketWatch.

A Boost for OpenAI’s Product Functionality

The partnership is set to enhance OpenAI’s capabilities, allowing the technology firm to use News Corp’s content to respond to user queries and improve the functionality of its products. OpenAI’s CEO, Sam Altman, expressed his excitement about the deal, citing it as a landmark moment for the convergence of technology and high-quality journalism.

Upholding Journalistic Standards

News Corp CEO Robert Thomson emphasized the importance of the deal, believing it will set new standards for the accuracy and value of digital information. “This historic agreement will set new standards for veracity, virtue, and value in the digital age,” said Thomson. He also expressed his delight at partnering with Altman and his team, who understand the commercial and social significance of journalists and journalism.

Recent Controversy Surrounding OpenAI

The agreement comes amid recent controversy involving OpenAI and actress Scarlett Johansson, who accused the company of unauthorized use of her voice. However, the focus remains on the potential future advancements in AI-driven journalism made possible by the new deal with News Corp.