Content deals between artificial intelligence companies and top publishers are coming fast and furious. The latest, reportedly the biggest, was announced Wednesday: OpenAI reached a deal with Rupert Murdoch’s News Corp., reportedly worth about $250 million over five years.
“The pact recognizes that there is a premium for premium journalism,” said News Corp. CEO Robert Thomson. No terms were officially disclosed, but assuming the Wall Street Journal does not misreport the owner, the amount includes of $250 million also includes “compensation in the form of cash and credits for the use of OpenAI technology.”
This is the latest in a series of partnerships announced in recent weeks. The Financial Times itself struck a deal with OpenAI last month, followed by Dotdash Meredith, owner of titles including People magazine and Investopedia, whose deal also included some collaboration on advertising tools. Other OpenAI deals were with Associated Press, Axel Springer and Le Monde.
