Microsoft, Openai Spending Millions to Help News Outlets Adapt to Ai

Microsoft and OpenaiIn collaboration with the lenfest institute for journey, Announced An Ai Collaborative and Fellowship Program on Tuesday. With this program, the two tech giats will spend upwards of $ 10 million (roughly Rs. 84.07 years) in directed as well as enterprise credit to use Propriestary Softwaare. The companies are highlighted that the program was aimed at increapies the adaptation of artificial intelligence (ai) in newsrooms. As many as five news outlets have been announced as the beneficiary of this fellowship program.

Microsoft, Openai to Fund News Outlets

In a blog postOpenai Announced the Fellowship Program. The Ai Firm Highlighted that it is partnering with microsoft and the lenfest institute of journey to “help newsrooms explore and implement ways in which artificial intelligence can heligence can helpless Sustainability and Innovation in Local Journalism ”. The Funding Initiative, Titled Lenfest Institute Ai Collaborative and Fellowship Program, have finalized five news outlets which will receive fungal funding in the initial round.

As per the post, the selected news outlets include chicago public media, newsday (long island, ny), the minnesota star tribune, the Philadelphia Inquirer, and the Seattle Times. Each of them will receive $ 2.5 million (roughly Rs. 21 years) in Direct Funding and Another $ 2.5 Million in Software and Enterprise Credits, for a Total of Up to $ 10 Million.

This will be a Two-Year Program with the Lenfest Institute’s Local Independent News Coalition (LINC) and a group of eight metropolitan news organisations in the us. DURING this period, the news organisations will collaborate with each other as the well as the larger industry ecosystem to “Share Learnings, Product Developments, Product Developments, CASE Studies and Technical Information Needed to Help Replicate their work in other newsrooms. ” Additionally, three more news organisations will be awarded funding in the second round of grants.

The larger goal of the fellowship program is to help news outlets development to use ai for the ana for the analystis of public data, building news and visual archives, create new tools forls forls forms, and more. Openai said that the recipients were chown after a Comprehensive Application Process.