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(Rewrites throughout, adds CEO comment in paragraph 3 and 5, analyst comment in paragraph 8)
By Chavi Mehta
Nov 9 (Reuters) - Media conglomerate News Corp beat Wall Street targets for first-quarter revenue and profit on Thursday and said it was in advanced talks to strike deals on the use of its content for generative artificial intelligence(AI).
The company's Chief Executive Robert Thomson has been a vocal proponent of having generative AI companies pay for using its content to train their l...
>>> Read more: UPDATE 1-News Corp beats quarterly revenue estimates on rise in subscriptions
By Chavi Mehta
Nov 9 (Reuters) - Media conglomerate News Corp beat Wall Street targets for first-quarter revenue and profit on Thursday and said it was in advanced talks to strike deals on the use of its content for generative artificial intelligence(AI).
The company's Chief Executive Robert Thomson has been a vocal proponent of having generative AI companies pay for using its content to train their l...
>>> Read more: UPDATE 1-News Corp beats quarterly revenue estimates on rise in subscriptions
