Categories Tech News
Microsoft and OpenAI are giving news outlets $10 million to use AI tools
October 22, 2024
Microsoft and OpenAI announced they’re offering a select group of media outlets up to $10 million ($2.5 million in cash plus $2.5 million worth of “software and enterprise credits” from each) to try out AI tools in the newsroom.
This news comes while the two companies are still facing a slew of copyright lawsuits, including from The New York Times, The Intercept, Raw Story, AlterNet, the Center for Investigative Reporting, and Alden Global Capital, the hedge fund behind the New York Daily News and Chicago Tribune. Those have continued despite licensing deals reached with many media outlets, including The Verge’s parent company, Vox Media.
The first round of funding will go to Newsday, The Minnesota Star Tribune, The Philadelphia…