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News Corp beats quarterly revenue estimates on rise in subscriptions

(Reuters) -Media conglomerate News Corp beat Wall Street targets for first-quarter revenue and profit on Thursday and said it was in advanced talks to strike deals on the use of its content for generative artificial intelligence(AI). The company's Chief Executive Robert Thomson has been a vocal proponent of having generative AI companies pay for using its content to train their large language models. "We are actively working to make the most of our premium content for AI and are enga...
United States Rupert Murdoch Dow Jone Chavi Mehta Krishna Chandra Eluri Robert Thomson
Source: yahoo.com

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