Microsoft, OpenAI to Fund News Outlets
In a blog post, OpenAI introduced the fellowship programme. The AI agency highlighted that it’s partnering with Microsoft and the Lenfest Institute of Journalism to “assist newsrooms discover and implement methods by which synthetic intelligence may also help drive enterprise sustainability and innovation in native journalism”. The funding initiative, titled Lenfest Institute AI Collaborative and Fellowship programme, has finalised 5 information retailers which is able to obtain funding within the preliminary spherical.
As per the publish, the chosen information retailers embrace Chicago Public Media, Newsday (Long Island, NY), The Minnesota Star Tribune, The Philadelphia Inquirer, and The Seattle Times. Each of them will obtain $2.5 million (roughly Rs. 21 crores) in direct funding and one other $2.5 million in software program and enterprise credit, for a complete of as much as $10 million.
This shall be a two-year programme with The Lenfest Institute’s Local Independent News Coalition (LINC) and a bunch of eight metropolitan information organisations within the US. During this era, the information organisations will collaborate with one another in addition to the bigger business ecosystem to “share learnings, product developments, case research and technical data wanted to assist replicate their work in different newsrooms.” Additionally, three extra information organisations shall be awarded funding within the second spherical of grants.
The bigger aim of the fellowship programme is to assist information retailers develop the capability to make use of AI for the evaluation of public information, construct information and visible archives, create new AI instruments for newsrooms, and extra. OpenAI stated that the recipients have been chosen after a complete utility course of.
