Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0.0210824417872877
Stock impact report

Microsoft is the mystery AI company licensing HarperCollins books, says Bloomberg [Verge, The]

News Corporation - Class B (NWS) 
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
Company Research Source: Verge, The
The deal will reportedly allow Microsoft to improve an as-yet-unannounced AI model by training it on licensed nonfiction books. Share this story Just one day after 404 Media revealed that HarperCollins struck a three-year AI training deal with an unnamed company, Bloomberg now says Microsoft will use the publisher's content to train a not-yet-announced AI model. HarperCollins said in a statement to 404 Media that its deal will include “select nonfiction backlist titles” and that authors will have to opt into the training program. One author, Daniel Kibblesmith, posted screenshots a few days ago showing that he was offered $2,500 per book for a three-year AI licensing contract. Asked what would be an offer he'd consider taking, Kibblesmith said in a post on Tuesday , “I'd probably do it for a billion dollars. I'd do it for an amount of money that wouldn't require me to work anymore, since that's the end goal of this technology,” Not much else is known about the model HarperC Show less Read more
Impact Snapshot
Event Time:
NWS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for NWS alerts
Opt-in for
NWS alerts

from News Quantified
Opt-in for
NWS alerts

from News Quantified