OpenAI, Global Publisher Axel Springer Collaborate To Train GenAI For Journalism Content Creation
Portfolio Pulse from Neil Dennis
OpenAI has entered into a partnership with German publisher Axel Springer, allowing OpenAI to use content from Springer's publications to train its generative AI models. OpenAI will pay tens of millions of euros for access to historical and up-to-date news content from titles like Bild, Business Insider, and Politico. This collaboration aims to enhance AI-powered journalism and create new revenue models for publishers. It is a unique deal that could lead to AI platforms providing summaries and linking to source material for user queries.
December 13, 2023 | 9:24 pm
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Microsoft Corp, which backs OpenAI, may indirectly benefit from the partnership between OpenAI and Axel Springer as it could enhance the capabilities of AI models, potentially increasing the utility and adoption of Microsoft's platforms like Bing that utilize AI.
While Microsoft is not directly involved in the deal, its backing of OpenAI suggests potential indirect benefits. The partnership could lead to advancements in AI that may be integrated into Microsoft's products, such as Bing, enhancing their features and user experience. This could potentially drive user engagement and adoption, positively impacting Microsoft's stock in the short term. However, the exact financial impact on Microsoft is not clear from the article, hence the moderate confidence score.
CONFIDENCE 75
IMPORTANCE 50
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