AmazonArtificial Intelligence License Agreement New York Times It reportedly has an eight-digit price tag per year.
The tech giant pays news companies $20-$25 million a year for content to train AI models. Wall Street Journal (WSJ) It has been reported Wednesday (July 30th) cited an unnamed source.
The prior private terms of multi-year transactions offer a glimpse into how publishers and AI companies are valuing news content amid the ocean shift in how readers seek information online, the report says. Annual payments amount to almost 1% of total revenue in 2024.
Amazon and Times announced AI License The agreement was signed in May, which will allow Amazon to access content that trains AI models to Times news, cooking and sports products content.
It was the Times' first AI-related licensing agreement, and the first such arrangement that Amazon inked into publishers.
meanwhile, Openai I have similar contracts with some Publisherincluding transactions with WSJ parents News Corp It could be worth more than $250 million over five years. chatgpt The manufacturer also has a three-year agreement Axel Springerowner of Politics and Business Insideris worth between $25 million and $30 million, the WSJ report said.
Google is reportedly working on a project recruiting around 20 citizens. News Outlet Get a license for materials to train AI.
At the same time, several publishers sued AI companies. Copyright Infringement, Open Alliance, including the New York Times Microsoft The material is used inappropriately in the legal battle that began in 2023.
Recently, AI companies I'll cooperate He was accused by a group of media companies in a lawsuit of improper use of at least 4,000 Copyright It works to train AI models. Cohere was called “misplaced and frivolous.”
Two other companies, Meta and Humanitywhen he won the court victory in June, the judge found that the company's copyrighted content was found to be used. Fair use. However, several legal experts told Pymnt that the overall fight was not over.
“The meta and human cases have definitely been positive for AI developers, but should not be considered conclusive about the issue of fair use when using copyrighted material to train AI programs.” Thomas McNultyan intellectual property company lawyer Rand and AnastasiHe said this in an interview with Pymnts this month.
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