'Exclusive: The Atlantic, Vox Media ink licensing, product deals with OpenAI' - Axios
Portfolio Pulse from Benzinga Newsdesk
The Atlantic and Vox Media have signed licensing and product deals with OpenAI. This collaboration aims to integrate AI technology into their media platforms, enhancing content creation and distribution. Microsoft, a major investor in OpenAI, could see indirect benefits from these deals.
May 29, 2024 | 2:47 pm
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Microsoft, a significant investor in OpenAI, could benefit from the new licensing and product deals between The Atlantic, Vox Media, and OpenAI. These deals may enhance the adoption and integration of AI technology in media platforms, indirectly boosting Microsoft's AI investments.
Microsoft's investment in OpenAI means that any success or expansion of OpenAI's technology into new sectors, such as media, could positively impact Microsoft's AI-related revenues and market perception.
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