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OpenAI and Microsoft are giving $10 million in grants to media companies to use artificial intelligence

  • October 23, 2024
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A notable move came from Microsoft and OpenAI, the pioneers of the artificial intelligence industry. Giant companies are using artificial intelligence tools they developed for media organizations up

OpenAI and Microsoft are giving  million in grants to media companies to use artificial intelligence

A notable move came from Microsoft and OpenAI, the pioneers of the artificial intelligence industry. Giant companies are using artificial intelligence tools they developed for media organizations up to $10 million They announced they would pay. However, companies that will receive this subsidy has already been determined.

According to the statement, the companies have been selected for the Microsoft and OpenAI grant program first companiesNewsday, The Minnesota Star Tribune, The Philadelphia Inquirer, Chicago Public Media and The Seattle Times in the US. In the next phase 3 more media companies will be eligible for subsidies.

What exactly will this money be spent on?

OpenAI and Microsoft launch subsidy program

According to the statements made, companies $2.5 million cash they will get it. A corporate loan offer of up to $2.5 million will also be made. Organizations will use the money they receive to develop and implement artificial intelligence tools. They will hire workers. According to the statement, this employee will work on tools that summarize content and can speak for archived content.

The name that made a statement on this topic was OpenAIs of top managers It was Tom Rubin. RubinWhile there is no replacement for the central role of reporters, AI will play an important role in researching, assessing, distributing and monetizing journalism. can help you We believe.he said.

Source: Web Tekno

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