Amazon's AI licensing woody pinch The New York Times is worthy $20 cardinal to $25 cardinal per year, according to The Wall Street Journal. The 2 companies did not disclose nan fiscal position of nan statement backmost erstwhile it was announced successful May. The Journal's reporting provides a uncommon penetration into nan worth of a media institution licensing its contented for AI training.
In nan lawsuit of The Times, Amazon's yearly payments to nan patient would magnitude to astir 1 percent of its full gross successful 2024. In return, nan statement allows Amazon to train its AI models connected contented from The Times, including contented from auxiliary arms of nan institution for illustration The Athletic and NYT Cooking. It besides allows Amazon to connection summaries and excerpts from nan insubstantial done Alexa.
In ray of that, $20 cardinal to $25 cardinal per twelvemonth seems a mini payout erstwhile nan threat AI poses to publishers is truthful great, and different media companies person been capable to discuss bigger payouts. For instance, OpenAI's five-year licensing woody pinch News Corp, nan proprietor of The Wall Street Journal, is reportedly worthy much than $250 million.
The New York Times sued OpenAI and Microsoft for training their models connected nan company’s contented without support backmost successful 2023. That lawsuit is still ongoing.
If you bargain thing done a nexus successful this article, we whitethorn gain commission.