Meta Reportedly Signs $50 Million News Corp Deal As Big Tech's AI Content Arms Race Heats Up - Meta Platforms (NASDAQ:META), News (NASDAQ:NWS)

Meta Platforms, Inc. (NASDAQ:META) signed an artificial-intelligence content licensing deal with News Corp (NASDAQ:NWSA) (NASDAQ:NWS) that will pay the media company up to $50 million a year, underscoring how aggressively Big Tech is now paying for journalism to help power chatbots and other AI tools.Three-Year Deal Opens US, UK ArchivesThe agreement will run at least three years and gives Meta access to News Corp content from the United States and the United Kingdom, reported The Wall Street Journal on Tue ...