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Google Strikes $6 Million Deal with News Corp for Content Access

ALPHABET-owned Google has agreed to pay News Corp, owner of the Wall Street Journal, and suggested that $5 million to $6 million a year can develop AI-related products and innovations, a report said on Tuesday (April 30).

The new arrangement is part of Google's long-term partnership with News Corp, the report said, citing a News Corp employee and another party to the deal.

“We have absolutely no AI content licensing agreement with Google, although our businesses have several partnerships with Google,” a News Corp spokesperson told Reuters.

Google did not immediately respond to Reuter's requests for comment. AI companies are looking to partner with media organizations to license their inventory to train their chatbots.

Similar deals are being struck between OpenAI and media outlets such as the Financial Times and Axel Springer, whose products include Politico.

The tech giant is looking at options, including adding AI-powered search features to its premium subscription services, which provide access to its new Gemini AI Assistant already in Gmail Docs, according to a previous report.

Conclusion: Google’s squaring off with News Corp. by suggesting to pay access fees to their content implies that the age-old tech giants and the traditional media outlets might reciprocate and come to jointly beneficial terms with one another. In the process of the digital environment being the developing factor, media partnerships will have a key role in creating this world future of media and in ensuring quality media for a wider global range.