The Business Times

Google to pay up to US$6 million to News Corp for new AI content, The Information reports

Published Tue, Apr 30, 2024 · 10:42 PM

ALPHABET-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, between US$5 million and US$6 million annually to develop new AI-related content and products, the Information reported on Tuesday (Apr 30).

The new arrangement is part of a longstanding partnership between Google and News Corp, the report said, citing a News Corp employee and another person close to the deal.

“We absolutely do not have an AI content licensing deal with Google, though we do have a number of partnerships with Google across our businesses,” a News Corp spokesperson told Reuters.

Google did not immediately respond to Reuters’ request for a comment.

AI firms are looking to partner with news organisations to licence their archived content for training their chatbots.

Similar deals include that between OpenAI and news publishers such as Financial Times and Axel Springer, whose brands include Politico. REUTERS

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