News Corp and OpenAI Announce $250M Multi-Year Partnership; News Corp Shares Climb 7.9%

May 22, 2024, 08:38 PM

News Corp and OpenAI have announced a historic, multi-year agreement to integrate News Corp's news content into OpenAI's products. This partnership will allow OpenAI to access current and archived content from major News Corp publications, including The Wall Street Journal, Barron's, MarketWatch, The New York Post, Times/Sunday Times, The Australian, and The Daily Telegraph. The deal, potentially worth more than $250 million over five years, aims to enhance OpenAI's offerings and support high journalistic standards. News Corp's shares climbed 7.9% following the announcement.