Skip to playerSkip to main content
  • 1 year ago
Amazon and The New York Times have entered their first-ever generative AI licensing deal, under which Amazon will pay up to $25 million per year for access.

Category

🗞
News
Transcript
00:00Amazon and the New York Times have entered their first ever generative AI licensing
00:04deal under which Amazon will pay at least $20 million per year for access to Times editorial
00:11content for use in services like Alexa and to help train its AI models.
00:17The agreement marks a strategic shift for the Times, which has simultaneously pursued
00:21litigation against OpenAI and Microsoft for unauthorized use of its content in AI training.
00:28The annual fee represents nearly 1% of the Times' total revenue in 2024, demonstrating
00:34how publishers are beginning to monetize high-quality journalism as AI becomes more prominent.
00:40The CEO of the New York Times emphasized that the deal aligns with their principle that high-quality
00:45journalism is worth paying for.
Comments

Recommended