Investing.com — Artificial intelligence major OpenAI and News Corp (NASDAQ:) said Wednesday they have signed an agreement under which OpenAI will be given access to some of the biggest news publications under the media powerhouse.
News of the deal saw News Corp shares rise in after-hours trading, with its Class A shares rising 7.6% to $27.93.
Under the deal, OpenAI will be given access to new and archived content from several publications, including The Wall Street Journal, The Times, The New York Post, and Marketwatch.
OpenAI will display content from News Corp posts in responses generated by its AI software, mainly ChatGPT. News Corp will also provide the company with “journalistic expertise,” the two said in an announcement.
The two did not announce any financial details of the agreement. But the Wall Street Journal, which is owned by News Corp, said the deal was worth more than $250 million over five years.
The deal with News Corp comes just days after OpenAI signed a similar content deal with the Financial Times. The company has collaborated with several major publications and social media sites to source content to train its leading AI models.
However, OpenAI has also come under scrutiny for its unauthorized use of data to train its models. The New York Times filed a lawsuit against the Microsoft-backed artificial intelligence giant in late 2023, accusing the company of copyright infringement.
