News Corp and OpenAI Sign Landmark Multi-Year Global Partnership

News Corp and OpenAI Sign Landmark Multi-Year Global Partnership

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

New York, NY & San Francisco, CA (May 22, 2024) - News Corp and OpenAI today announced a historic, multi-year agreement to bring News Corp news content to OpenAI. Through this partnership, OpenAI has permission to display content from News Corp mastheads in response to user questions and to enhance its products, with the ultimate objective of providing people the ability to make informed choices based on reliable information and news sources.

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 Australia, news and information services and book publishing. Headquartered in New York, News Corp operates primarily in the United States, Australia, and the United Kingdom, and its content and other products and services are distributed and consumed worldwide. More information is available at http://www.newscorp.com.

About OpenAI

OpenAI is an AI research and deployment company. Its mission is to ensure that artificial general intelligence benefits all of humanity.

Contacts

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

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.

LINK:	https://newscorp.com/2024/05/22/news-corp-and-openai-sign-landmark-mul...
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