News Corp and OpenAI Sign Landmark Multi-Year Global Partnership
News Corp and OpenAI have signed a multi-year global partnership, allowing OpenAI to access and display content from News Corp's various publications. This historic agreement aims to enrich OpenAI's generative AI products with reliable news and information, enhancing users' ability to make informed choices. Key publications involved include The Wall Street Journal, Barron’s, MarketWatch, Investor’s Business Daily, The Times, The Sunday Times, The Sun, The Australian, and more.
OpenAI will also benefit from News Corp’s journalistic expertise to maintain high standards. Robert Thomson, Chief Executive of News Corp, emphasized the significance of this partnership, highlighting its potential to set new standards for veracity and value in the digital age. Sam Altman, CEO of OpenAI, expressed excitement about enhancing access to high-quality reporting.
- Multi-year partnership with reputable AI firm OpenAI.
- Access to extensive content from prestigious publications like The Wall Street Journal, The Times, and more.
- Opportunity to set new standards for journalistic veracity and value.
- Enhanced visibility and credibility for News Corp’s content via OpenAI platforms.
- Potential for increased readership and engagement from AI-enhanced distribution.
- Potential risks associated with over-reliance on AI for content dissemination.
- Possible dilution of News Corp’s brand identity if AI integration is not managed well.
- Unclear financial terms could pose a risk if the partnership doesn't yield expected returns.
Companies Join Forces to Enrich OpenAI’s Generative AI Products and Platforms with Premium Journalism
News Corp and OpenAI to Partner in Supporting the Highest Journalistic Standards
OpenAI will receive access to current and archived content from News Corp’s major news and information publications, including The Wall Street Journal, Barron’s, MarketWatch, Investor’s Business Daily, FN, and New York Post; The Times, The Sunday Times and The Sun; The Australian, news.com.au, The Daily Telegraph, The Courier Mail, The Advertiser, and Herald Sun; and others. The partnership does not include access to content from any of News Corp’s other businesses.
In addition to providing content, News Corp will share journalistic expertise to help ensure the highest journalism standards are present across OpenAI’s offering.
“We believe an historic agreement will set new standards for veracity, for virtue and for value in the digital age,” said Robert Thomson, Chief Executive of News Corp. “We are delighted to have found principled partners in Sam Altman and his trusty, talented team who understand the commercial and social significance of journalists and journalism. This landmark accord is not an end, but the beginning of a beautiful friendship in which we are jointly committed to creating and delivering insight and integrity instantaneously.”
“Our partnership with News Corp is a proud moment for journalism and technology,” said Sam Altman, CEO of OpenAI. “We greatly value News Corp’s history as a leader in reporting breaking news around the world, and are excited to enhance our users’ access to its high-quality reporting. Together, we are setting the foundation for a future where AI deeply respects, enhances, and upholds the standards of world-class journalism.”
About News Corp
News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV) is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. The company comprises businesses across a range of media, including: digital real estate services, subscription video services in
About OpenAI
OpenAI is an AI research and deployment company. Its mission is to ensure that artificial general intelligence benefits all of humanity.
Forward-Looking Statements
This release contains forward-looking statements based on current expectations or beliefs, as well as assumptions about future events, and these statements are subject to factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The words “expect,” “estimate,” “anticipate,” “predict,” “believe,” “potential,” “should” and similar expressions and variations thereof are intended to identify forward-looking statements. These statements appear in a number of places in this release and include statements with respect to, among other things, the expected benefits from the partnership. Readers are cautioned that any forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Many factors could cause actual results to differ materially from those described in these forward-looking statements. The forward-looking statements in this release speak only as of this date and we undertake no obligation (and expressly disclaim any obligation) to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240522612540/en/
News Corp Corporate Communications
Jim Kennedy
212-416-4064
jkennedy@newscorp.com
Arthur Bochner
646-422-9671
abochner@newscorp.com
Kayla Wood
press@openai.com
Source: News Corp
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