August 22, 2024

AI initiatives would get $40M annually in draft California journalism bill agreement

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Artificial intelligence initiatives would receive tens of millions of dollars in a draft settlement on a closely watched state legislative effort to make large platforms like Google and Meta fund California newsrooms.
A draft agreement shared with POLITICO would see the state of California and Google form a public-private partnership supporting “democracy, journalism and AI innovation.”
The partnership would provide over $300 million across five years, including at least $40 million annually for an unspecified “AI Innovation Accelerator” program managed by a “yet-to-be finalized” nonprofit.

https://www.politico.com/news/2024/08/19/ai-california-journalism-bill-agreement-00174678

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