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6mo ago

Microsoft and OpenAI Invest $10 Million to Integrate AI in Local Newsrooms

The initiative, in partnership with the Lenfest Institute, aims to enhance business sustainability and innovation in journalism through AI tools and fellowships.

Overview

  • Five metro news organizations, including Chicago Public Media and Philadelphia Inquirer, will receive funding and software credits to implement AI technologies.
  • The program provides each outlet with a two-year AI fellow to develop projects focused on AI integration and business sustainability.
  • This initiative is part of a broader effort to explore AI's potential in local journalism, including transcription, content summarization, and audience engagement tools.
  • OpenAI and Microsoft are each contributing $2.5 million in direct funding and $2.5 million in software credits, with plans to support additional news organizations in a second grant round.
  • The program seeks to uphold ethical standards in AI use while addressing the challenges of AI-related copyright lawsuits faced by OpenAI and Microsoft.