California becomes first state to partner with tech firms to pay for journalism
Agreement modelled after Canadian legislation will pay roughly $250m to support news and AI research programCalifornia will be the first US state to direct millions of dollars from taxpayer money and tech companies to help pay for journalism and AI research under a new deal announced on Wednesday.Under the first-in-the-nation agreement, the state and tech companies will collectively pay roughly $250m over five years to support California-based news organizations and create an AI research program. The initiatives will begin in 2025 with $100m the first year, and the majority of the money will go to news organizations, said Buffy Wicks, the Democratic assembly member who brokered the deal. Continue reading...
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