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Microsoft and OpenAI are investing $10 million in select media outlets to explore AI tools. Each outlet will receive $2.5 million in cash and $2.5 million in software credits to enhance their newsroom capabilities. This initiative aims to support local journalism while both companies navigate ongoing copyright lawsuits.
The funding will allow outlets like Newsday and The Philadelphia Inquirer to hire fellows focused on implementing AI technologies. These technologies will assist in tasks such as transcription and content summarization, showcasing the potential of AI to augment journalistic efforts. The collaboration emphasizes that while AI can enhance journalism, it cannot replace the essential role of reporters.
• Microsoft and OpenAI offer $10 million to media outlets for AI tool exploration.
• Funding supports local journalism through AI technology implementation.
AI tools refer to technologies that assist in various tasks within journalism, such as content creation and analysis.
AI technology encompasses systems and software that enable machines to perform tasks typically requiring human intelligence.
Transcription involves converting spoken language into written text, which can be enhanced through AI applications.
Microsoft provides AI tools and cloud services, facilitating the integration of AI in media outlets.
OpenAI develops advanced AI technologies, collaborating with media organizations to enhance journalistic practices.
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