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News Corp's OpenAI deal puts publisher on ‘cutting edge of digital age,' CEO Robert Thomson says [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
major upheaval across the news industry, CEO Robert Thomson said in a memo to staffers. The publishing giant's deal with OpenAI and its CEO Sam Altman, announced in May, allows the ChatGPT creator to use current and archived content produced by News Corp-owned outlets — which also include The Wall Street Journal, The Sun and The Times of London — to answer user questions and train its AI models. The deal marks an “important moment to recalibrate the world of search” long dominated by Google — and puts News Corp in position to benefit from the rise of AI rather than “dancing with digital demise,” according to Thomson. “Provenance deserves prominence. Having a role in fashioning the future is definitely preferable to being a prisoner of the past,” Thomson said. “[Generative] AI is a threat, a real threat to journalism. Its ability to mimic and manipulate is endless. We are at a particularly early stage of its evolution, and it is an exponentially expedited evolution.” Plunging t [Read more]
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Stockreport

News Corp's OpenAI deal puts publisher on ‘cutting edge of digital age,' CEO Robert Thomson says [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
major upheaval across the news industry, CEO Robert Thomson said in a memo to staffers. The publishing giant's deal with OpenAI and its CEO Sam Altman, announced in May, allows the ChatGPT creator to use current and archived content produced by News Corp-owned outlets — which also include The Wall Street Journal, The Sun and The Times of London — to answer user questions and train its AI models. The deal marks an “important moment to recalibrate the world of search” long dominated by Google — and puts News Corp in position to benefit from the rise of AI rather than “dancing with digital demise,” according to Thomson. “Provenance deserves prominence. Having a role in fashioning the future is definitely preferable to being a prisoner of the past,” Thomson said. “[Generative] AI is a threat, a real threat to journalism. Its ability to mimic and manipulate is endless. We are at a particularly early stage of its evolution, and it is an exponentially expedited evolution.” Plunging t [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS