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Google, California Lawmaker Reach Deal on Journalism Fund (1)
A deal announced Wednesday would have tech companies like Google and the state of California commit about $250 million over the next five years to state newsrooms and an artificial intelligence project. However, it hasn’t won full approval from the state Legislature.
“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, president of global affairs and chief legal officer for Alphabet Inc., the parent company of Google. “We have concerns that this proposal lacks sufficient funding for newspapers and local media, and doesn’t fully address the inequities facing the industry,” Senate President Pro Tempore Mike McGuire (D) said in a statement. “The fact that a journalism preservation bill may be replaced with a Google-funded AI accelerator is not just absurd policy, it’s horrendous politics,” Lee Hepner, senior legal counsel at the anti-monopoly think tank American Economic Liberties Project, said.
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