Meta signs a multimillion dollar AI licensing deal with News Corp

Meta and News Corp have finalized an AI licensing agreement. This deal allows Meta to use content from News Corp publications like The Wall Street Journal. The agreement permits Meta to utilize this content for its AI chatbot and training purposes. The Wall Street Journal reported that Meta will pay up to $50 million annually for three years. News Corp previously partnered with OpenAI in a deal valued around $250 million. News Corp's CEO, Robert Thomson, indicated further negotiations were in progress. He described their approach as a "woo and a sue" strategy, favoring partnerships but prepared for legal action against unauthorized use. Meta has confirmed the agreement and has been actively securing various licensing deals. Meta aims to enhance its AI's ability to provide diverse and relevant information through these partnerships. This marks another step in Meta's pursuit of developing its next AI model.