On March 4th, a significant development unfolded as News Corp. and Meta entered into an AI content licensing agreement, set to span a minimum of three years. Per the terms of this agreement, Meta has committed to compensating News Corp. with an annual sum of up to $50 million. This payment grants Meta the rights to utilize media content sourced from News Corp.'s subsidiaries, specifically for the purposes of AI model training and the generation of content output.
