Amazon to pay New York Times $20 million to feed company’s AI

Amazon to pay New York Times $20 million to feed company’s AI

Amazon has agreed to pay at least $20 million to The New York Times Co. for the right to use its journalism to feed the tech giant’s artificial intelligence (AI) capabilities.

Amazon to Pay New York Times at Least $20 Million a Year in AI Deal

The multiyear deal lets Amazon use content from the Times’s news and cooking sections and the Athletic.

Amazon’s AI licensing deal with New York Times, including The Athletic, garners at least $20m/year

In May, The New York Times announced it had agreed to license its editorial content to Amazon for use in its artificial intelligence (AI) platforms. The financial terms of the “multiyear agreement” were undisclosed. The Wall Street Journal reported this week that the deal comes with quite the financial windfall. According to multiple sources, the Times is receiving $20 million to $25 million a year from Amazon. Per WSJ, that would amount to near…

AI Deal Between Amazon, New York Times Worth Up to $25M Annually

In a first-of-its-kind AI-focused licensing deal, Amazon will be able to access content from The New York Times for $20 million to $25 million annually, according to The Wall Street Journal. This is a milestone because it’s the first AI-related licensing pact for the Times and Amazon’s first agreement like this with a publisher.  The Amazon-NYT deal was announced in May, but the financial terms were not previously disclosed. Amazon will gain rig…

Amazon Inks $20M Deal with NYT for AI Content Licensing

In a landmark agreement that underscores the evolving relationship between traditional media and artificial intelligence giants, Amazon.com Inc. has struck a multiyear deal with The New York Times Co. to license its content for AI applications. The partnership, revealed in recent reports, allows Amazon to integrate articles from the Times’s news, cooking, and sports sections—including content from The Athletic—into products like its Alexa virtua…