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Google reaches a $250 million deal to skirt proposed journalism bill
$70 million of the funding will be earmarked for AI research.
The first-in-the-nation agreement, funded by taxpayers, Google, and potentially other private sources, allows the search giant to evade a proposed state bill that would force it to pay for linking Californians to news articles. California state Senate leader Mike McGuire raised funding concerns in a statement to Politico, saying the deal “doesn’t fully address the inequities facing the industry.” “The publishers who claim to represent our industry are celebrating an opaque deal involving taxpayer funds, a vague AI accelerator project that could very well destroy journalism jobs, and minimal financial commitments from Google to return the wealth this monopoly has stolen from our newsrooms,” the Media Guild of the West said in its own statement.
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