Meta Platforms Inc. × Reuters
Meta and Reuters confirmed a multi-year licensing deal to incorporate Reuters' news archive and real-time content into the Meta AI assistant. [9] The chatbot will use the content to answer user queries about current events, with responses including attribution and links to Reuters articles. [9] The financial terms of the agreement were not disclosed. [9]
The asset
A multi-year license for Meta to access Reuters' news content to provide real-time news and information via its Meta AI chatbot.
The record
- Seller status
- Going concern
- Sector
- news agency
- Modalities
- text
- Jurisdiction
- US
What it means if you hold data
This was Meta's first major news licensing deal for its AI products, signaling a strategic re-engagement with publishers to ensure its AI assistant has access to timely, factual information, after previously deprioritizing news on its social media platforms. [9, 27]