• bitcoinBitcoin(BTC)$76,806.00-1.26%
  • ethereumEthereum(ETH)$2,252.86-0.28%
  • tetherTether(USDT)$1.00-0.06%
  • binancecoinBNB(BNB)$698.34-1.09%
  • rippleXRP(XRP)$1.250.23%
  • usd-coinUSDC(USDC)$1.00-0.05%
  • solanaSolana(SOL)$92.01-1.95%
  • tronTRON(TRX)$0.3188221.94%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.040.00%
  • HyperliquidHyperliquid(HYPE)$84.08-3.55%
  • zcashZcash(ZEC)$1,155.28-5.38%
  • dogecoinDogecoin(DOGE)$0.074109-1.19%
  • moneroMonero(XMR)$605.922.01%
  • USDSUSDS(USDS)$1.00-0.04%
  • whitebitWhiteBIT Coin(WBT)$73.82-1.09%
  • leo-tokenLEO Token(LEO)$9.410.15%
  • chainlinkChainlink(LINK)$11.10-1.63%
  • cardanoCardano(ADA)$0.188603-1.62%
  • stellarStellar(XLM)$0.163208-2.52%
  • bitcoin-cashBitcoin Cash(BCH)$276.64-2.14%
  • nearNEAR Protocol(NEAR)$3.87-9.03%
  • RainRain(RAIN)$0.0066956.05%
  • daiDai(DAI)$1.00-0.03%
  • Ethena USDeEthena USDe(USDE)$1.00-0.08%
  • uniswapUniswap(UNI)$7.09-0.79%
  • litecoinLitecoin(LTC)$53.80-2.44%
  • USD1USD1(USD1)$1.00-0.13%
  • CantonCanton(CC)$0.093922-3.04%
  • avalanche-2Avalanche(AVAX)$8.39-2.71%
  • suiSui(SUI)$0.87-2.14%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.19-1.88%
  • tether-goldTether Gold(XAUT)$3,933.781.47%
  • hedera-hashgraphHedera(HBAR)$0.069903-1.73%
  • Global DollarGlobal Dollar(USDG)$1.00-0.04%
  • quant-networkQuant(QNT)$195.05-2.59%
  • paypal-usdPayPal USD(PYUSD)$1.00-0.01%
  • shiba-inuShiba Inu(SHIB)$0.000005-1.97%
  • BittensorBittensor(TAO)$223.94-3.50%
  • Ripple USDRipple USD(RLUSD)$1.00-0.03%
  • crypto-com-chainCronos(CRO)$0.049985-1.79%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.09%
  • EthenaEthena(ENA)$0.171001-5.40%
  • okbOKB(OKB)$108.89-3.65%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • pepePepe(PEPE)$0.000005-1.35%
  • aaveAave(AAVE)$126.69-5.37%
  • MemeCoreMemeCore(M)$0.841.05%
  • OndoOndo(ONDO)$0.387537-3.33%
  • Spiko Amundi Overnight Swap Fund (EUR)Spiko Amundi Overnight Swap Fund (EUR)(EURSAFO)$1.140.30%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

News Corp in ‘advanced’ talks with AI firms on content licensing deals, CEO says

February 8, 2024
in Business
Reading Time: 3 mins read
A A
News Corp in ‘advanced’ talks with AI firms on content licensing deals, CEO says
ShareShareShareShareShare

News Corp, the media giant that owns The Post and the Wall Street Journal, is in “advanced” talks with major artificial intelligence firms to license the use of its news content, its top executive said.

YOU MAY ALSO LIKE

New Southern California In-N-Out to open in LA suburbs

Teens settle with Snapchat parent, ending trial against Big Tech over social media addiction claims

CEO Robert Thomson — a vocal critic of AI firms that have effectively stolen content from news organizations to train chatbots that produce “rubbish” — said “crucial negotiations are at an advanced stage” as prominent media firms seek fair compensation for their copyrighted works.

Thomson said News Corp believes “courtship is preferable to courtrooms” to solve the hotly debated issue.

That’s in contrast to actions taken by firms such as the New York Times, which filed a sweeping federal copyright infringement lawsuit against OpenAI in December.

“We are wooing, not suing,” Thomson said during a Wednesday earnings call. “But let’s be clear: In my view, those who are repurposing our content without approval are stealing, they are undermining creativity. Counterfeiting is not creating, and the AI world is replete with content counterfeiters.”

When asked about the state of negotiations later in the earnings call, Thomson declined to comment on specifics — but reiterated that the talks were at “an advanced stage and we are dealing with willing partners.”

Robert Thomson said News Corp is “wooing, not suing” over artificial intelligence firms licensing the use of its news content. AFP via Getty Images

Microsoft-backed OpenAI, Google and others face tough scrutiny over their use of copyrighted material to train the models that power AI products.

While the Times’ lawsuit and other litigation plays out, OpenAI has reportedly engaged in negotiations with several prominent media companies, including CNN and Fox.

The ChatGPT creator has already announced deals with publishing giant Axel Springer and the Associated Press.

News Corp has “probably been the most vigorous in arguing for compensation from tech companies,” according to Joshua Benton, director of the Nieman Journalism Lab at Harvard University, who referenced the company’s previous battles with Google over digital ad revenue sharing.

“I think OpenAI is pursuing a strategy of risk aversion,” Benton added. “Their overarching argument is that training their models with copyrighted materials does not violate that copyright. But they also have plenty of money lying around.”

Thomson praised OpenAI boss Sam Altman for his handling of the situation, noting that he has “shown a clear understanding of the social importance of journalism.”

Thomson praised OpenAI boss Sam Altman for his handling of the issue. AP

Experts told The Post last month that copyright infringement lawsuits are a potential existential threat to OpenAI and other AI startups.

News Corp expects to be “a core content provider for Generative AI companies who need the highest-quality, timely content to ensure the relevance of their products,” according to Thomson, who added that the company was playing a leading role in the “intellectual debate” around AI’s impact on journalism as well as its business implications.

“Thoughtful people do understand that counterfeiting is not creating and crucially, in this exceedingly erratic era, we have deep facts, not deep fakes,” Thomson said.

News Corp is the parent company of The Post and the Wall Street Journal. LightRocket via Getty Images

Critics in the news industry have said the rise of AI has already begun to degrade the quality of online information.

Last month, The Post reported that Google News was placing AI-generated ripoffs alongside real news articles in its search results — including one that brazenly stole from a Post exclusive.

Thomson’s remarks echoed those of News Corp chairman emeritus Rupert Murdoch, who said last November that the firm was “absolutely focused” on “both the opportunities and the challenges” posed by advanced AI.

Credit: Source link

ShareTweetSendSharePin

Related Posts

New Southern California In-N-Out to open in LA suburbs
Business

New Southern California In-N-Out to open in LA suburbs

November 2, 2026
Teens settle with Snapchat parent, ending trial against Big Tech over social media addiction claims
Business

Teens settle with Snapchat parent, ending trial against Big Tech over social media addiction claims

November 2, 2026
Anthropic reports B Q3 loss in amended IPO filing
Business

Anthropic reports $23B Q3 loss in amended IPO filing

November 2, 2026
NYC hotel rooms are pricier than ever — with supposedly budget-friendly hotels out of reach for many tourists
Business

NYC hotel rooms are pricier than ever — with supposedly budget-friendly hotels out of reach for many tourists

November 2, 2026
Next Post
Meet the Press NOW — July 11

Meet the Press NOW — July 11

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Omar’s home searched as part of federal criminal investigation

Omar’s home searched as part of federal criminal investigation

October 27, 2026
Judge orders Trump administration to stop border wall construction at Big Bend National Park

Judge orders Trump administration to stop border wall construction at Big Bend National Park

November 2, 2026
Post Game: Obama campaigns for Abdul El-Sayed despite his past criticism

Post Game: Obama campaigns for Abdul El-Sayed despite his past criticism

October 27, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!