Microsoft Signs Deal with HarperCollins for AI Model Training [Yahoo! Finance]
News Corporation - Class B (NWS)
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Source: Yahoo! Finance
utilize the nonfiction catalog of publisher to teach its artificial intelligence models. Warning! GuruFocus has detected 2 Warning Sign with MSFT. The agreement is a part of Microsoft's efforts to create an artificial intelligence model that has not yet been formally revealed, Bloomberg said. As demand for high-quality data to train sophisticated language models rises, Harper Collins is one of many major publishers working with big technological businesses. Agreements between publishers and AI-oriented enterprises define this cooperation's pattern. Microsoft-backed OpenAI signed contracts with the Financial Times, Axel Springer, Dotdash Meredith ( IAC Financials ) and News Corp.'s Wall Street Journal, valued at $250 million earlier this year. In early 2024, Google ( GOOGL Financials ) signed a $60 million agreement with Reddit ( RDDT Financials ), thereby giving the tech behemoth access to data from Reddit's enormous collection of subreddits for the creation of artificial inte
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