Tuesday, September 17, 2024
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OpenAI, led by Sam Altman, has forged a significant partnership with News Corp, marking another milestone in the AI giant’s quest to leverage vast data repositories for enhancing its AI models. This agreement follows closely on the heels of OpenAI’s recent content licensing deal with the Financial Times.

The collaboration with News Corp grants OpenAI access to a wealth of data from various publications under the News Corp umbrella, including the Wall Street Journal, MarketWatch, and the Times, among others. This access to extensive content repositories is expected to enrich the capabilities of OpenAI’s flagship ChatGPT, a chatbot renowned for its ability to generate human-like responses and summarize lengthy text passages.

One noteworthy aspect of the agreement is the assurance that content from News Corp publications will not be immediately integrated into ChatGPT upon publication. This stipulation underscores a commitment to maintaining the integrity and exclusivity of the content while enabling OpenAI to utilize it for AI model development.

The announcement of this partnership has already had a positive impact on News Corp’s stock performance, with shares surging approximately 4% following the news. This underscores the market’s recognition of the strategic value and potential synergies arising from collaborations between AI innovators like OpenAI and established media conglomerates like News Corp.

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