NAACP Launches $200M Fund to Boost Diversity in Tech
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Riley King
Meta has taken a significant step into the realm of artificial intelligence-powered news dissemination, signing its first major deal with Reuters to bring news-related answers to its AI chatbot. The multi-year agreement will see Meta's AI chatbot providing summaries and links to Reuters content, marking a shift towards more informative and credible responses.
This partnership is notable not only because it's Meta's first AI news deal but also because it indicates a willingness to pay for high-quality content, a departure from the company's stance on compensating news publishers for their content on social media. Reuters will receive compensation for its content, which will be accessible through Facebook, Instagram, WhatsApp, and Messenger.
The deal comes at a time when news organizations are increasingly partnering with AI companies, such as OpenAI, to license their content. The Atlantic, The Wall Street Journal, and the Dotdash Meredith group have all signed similar agreements, while The New York Times is engaged in a legal battle with OpenAI and Microsoft over copyright infringement.
Meta's move into news-related AI responses raises questions about the company's stance on hard news and political content, particularly given its adversarial stance on Threads. However, this partnership suggests that Meta is willing to adapt and explore new ways to provide users with accurate and reliable information.
As the tech giant continues to iterate and improve its products, this deal marks an important step towards more informed and engaging AI interactions. With AI technology advancing rapidly, it will be interesting to see how Meta's partnership with Reuters shapes the future of news consumption and AI-powered chatbots.
NAACP partners with Kapor Capital to create a $200M fund of funds, addressing the funding gap for founders of color in the tech industry.
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