October 1, 2024: Microsoft to Compensate Publishers for AI Content - Microsoft will pay publishers for content used in Copilot Daily, a new AI-powered feature providing daily weather and news summaries. Reuters, Axel Springer, Hearst Magazines, and The Financial Times have partnered for the U.S. and U.K. launch. This move aligns with other AI vendors like OpenAI and Perplexity, who also compensate publishers to mitigate copyright concerns and acquire training data. Despite criticism over deal structures and the news industry shedding jobs, Microsoft aims to support sustainable journalism amidst Big Techs impact on ad revenue.
