We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
“OpenAI’s shelling out between $4 million and $20 million a year for news. That might be pennies to OpenAI, whose war chest sits at over $11 billion and whose annualized revenue recently topped $2 billion (per Financial Times). But as Hunter Walk, a partner at Homebrew and the co-founder of Screendoor, recently mused, it’s substantial enough to potentially edge out AI rivals also pursuing licensing agreements.” —
Tags:
copyright,
generative AI,
licensing,
OpenAI,
TechCrunch