Microsoft, OpenAI Are Spending Millions on News Outlets to Let Them Try Out AI Tools

Microsoft and OpenAI are offering up to $10 million (roughly Rs. 84.07 crores) to five news outlets.

Advertisement
Written by Akash Dutta, Edited by Siddharth Suvarna | Updated: 23 October 2024 15:55 IST
Highlights
  • The funding is part of a joint fellowship programme by OpenAI, Microsoft
  • Lenfest Institute for Journalism is partnering with the two tech giants
  • News outlets will also receive $2.5 million worth of enterprise credits

Newsday and The Minnesota Star Tribune are among those receiving funds to adapt to AI

Photo Credit: Unsplash/Levart_Photographer

Microsoft and OpenAI, in collaboration with the Lenfest Institute for Journalism, announced an AI Collaborative and Fellowship programme on Tuesday. With this programme, the two tech giants will spend upwards of $10 million (roughly Rs. 84.07 crores) in direct funding as well as enterprise credits to use proprietary software. The companies highlighted that the programme was aimed at increasing the adaptation of artificial intelligence (AI) in newsrooms. As many as five news outlets have been announced as the beneficiary of this fellowship programme.

Microsoft, OpenAI to Fund News Outlets

In a blog post, OpenAI announced the fellowship programme. The AI firm highlighted that it is partnering with Microsoft and the Lenfest Institute of Journalism to “help newsrooms explore and implement ways in which artificial intelligence can help drive business sustainability and innovation in local journalism”. The funding initiative, titled Lenfest Institute AI Collaborative and Fellowship programme, has finalised five news outlets which will receive funding in the initial round.

Advertisement

As per the post, the selected news outlets include Chicago Public Media, Newsday (Long Island, NY), The Minnesota Star Tribune, The Philadelphia Inquirer, and The Seattle Times. Each of them will receive $2.5 million (roughly Rs. 21 crores) in direct funding and another $2.5 million in software and enterprise credits, for a total of up to $10 million.

This will be a two-year programme with The Lenfest Institute's Local Independent News Coalition (LINC) and a group of eight metropolitan news organisations in the US. During this period, the news organisations will collaborate with each other as well as the larger industry ecosystem to “share learnings, product developments, case studies and technical information needed to help replicate their work in other newsrooms.” Additionally, three more news organisations will be awarded funding in the second round of grants.

The larger goal of the fellowship programme is to help news outlets develop the capacity to use AI for the analysis of public data, build news and visual archives, create new AI tools for newsrooms, and more. OpenAI said that the recipients were chosen after a comprehensive application process.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Apple Music's New Branding Uses Vibrations to Turn Music Into Visuals
  2. Apple's iPhone Duo Hands-On Video Shows Soft Spot Around Display Crease
  3. Oppo K14 Plus Sees Notable Price Hike in India Across Storage Variants
  1. OnePlus Turbo Pro Tipped to Launch With 185Hz Refresh Rate Display, 200-Megapixel Rear Camera
  2. Claude Duet AI Assistant Research Preview Powered by Opus 5.5 Model Released as a Standalone iOS, Android App
  3. Vivo Y600 Launch Date Confirmed for October 30 in China, 10,000mAh Battery Revealed
  4. Apple's iPhone Duo Hands-On Video Shows Soft Spot Around Display Crease
  5. Oppo Reno 16 Price in India Hiked by Up to Rs. 7,000, New 128GB Variant Introduced
  6. iQOO 16R Spotted on TKDN Certification Website, Launch Could Be Imminent
  7. Vivo X500 Ultra Could Pack a Larger 200-Megapixel Telephoto Sensor, Tipster Claims
  8. Oppo K14 Plus Price Hiked by Up to Rs. 5,000 in India Within Weeks of Launch
  9. EA Shuts Down BioWare, Cancels Next Mass Effect and Lays Off 400 Workers Weeks After Going Private
  10. OnePlus Ace 7, Ace 7 Pro Launch Date Confirmed for October 27 With New Dual-Airflow Design
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.