Microsoft, OpenAI to Fund Information Retailers
In a blog postOpenAI introduced the fellowship program. The AI agency highlighted that it’s partnering with Microsoft and the Lenfest Institute of Journalism to “assist newsrooms discover and implement methods through which synthetic intelligence may help drive enterprise sustainability and innovation in native journalism”. The funding initiative, titled Lenfest Institute AI Collaborative and Fellowship programme, has finalized 5 information retailers which can obtain funding within the preliminary spherical.
As per the submit, the chosen information retailers embody Chicago Public Media, Newsday (Lengthy Island, NY), The Minnesota Star Tribune, The Philadelphia Inquirer, and The Seattle Occasions. Every of them will obtain $2.5 million (roughly Rs. 21 crores) in direct funding and one other $2.5 million in software program and enterprise credit, for a complete of as much as $10 million.
This shall be a two-year program with The Lenfest Institute’s Native Impartial Information Coalition (LINC) and a gaggle of eight metropolitan information organizations within the US. Throughout this era, the information organizations will collaborate with one another in addition to the bigger trade ecosystem to “share learnings, product developments, case research and technical info wanted to assist replicate their work in different newsrooms.” Moreover, three extra information organizations shall be awarded funding within the second spherical of grants.
The bigger purpose of the fellowship program is to assist information retailers develop the capability to make use of AI for the evaluation of public information, construct information and visible archives, create new AI instruments for newsrooms, and extra. OpenAI stated that the recipients have been chosen after a complete software course of.
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