OpenAI today announced an agreement with News Corporation (News Corps) to use news content owned by the company. Through this agreement, OpenAI can use content from The Times, The Wall Street Journal, Barron's, MarketWatch, Investor's Business Daily, FN, New York Post, , The Sunday Times, The Sun; The Australian, news.com.au, The Daily Telegraph, The Courier Mail, The Advertiser, and Herald Sun.
The agreement between the two companies is estimated to be worth $250 million over five years in cash and credit using OpenAI technology. Only news content from the above publication can be used but other content belonging to News Corps such as book publisher HarperCollins Corporations is not included in this agreement.
Through this agreement, OpenAI can offer more reliable information through authentic news sources. At the same time News Corps will share their expertise with OpenAI to produce content that exceeds journalistic standards on all products offered.
Although an agreement has been signed with billionaire Rupert Murdoch's New Corps, OpenAI is still facing a lawsuit by The New York Times for allegedly training AI models without the permission of intellectual property owners.