News Corp, Meta in AI content licensing deal worth up to $50 million a year

Meta Platforms has signed a multiyear AI content licensing deal with News Corp that will pay The Wall Street Journal owner up to $50 million a year. 

The deal will run for at least three years and allow Meta to use the media company’s content from the U.S. and the U.K., according to people familiar with the matter. They said the deal allows Meta to retrieve new information for users of its artificial-intelligence products and to train on other content, such as story archives.

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