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Google Agrees To $250 Million Deal To Fund California Newsrooms, AI
Google has reached a groundbreaking deal with California lawmakers to contribute millions to local newsrooms, aiming to support journalism amid its decline as readers migrate online and advertising dollars evaporate. The agreement also includes a controversial provision for artificial intelligence f...
Google has reached a groundbreaking deal with California lawmakers to contribute millions to local newsrooms, aiming to support journalism amid its decline as readers migrate online and advertising dollars evaporate. [...] Under the deal, the details of which were first reported by POLITICO on Monday, Google and the state of California would jointly contribute a minimum of $125 million over five years to support local newsrooms through a nonprofit public charity housed at UC Berkeley's journalism school. "This public-private partnership builds on our long history of working with journalism and the local news ecosystem in our home state, while developing a national center of excellence on AI policy," said Kent Walker, chief legal officer for Alphabet, the parent company of Google.
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