The agreement, which replaces the California Journalism Preservation Act, will combine nearly $250 million in funding, primarily directed towards supporting newsrooms through a new News Transformation Fund.
Wicks's initiative aimed to ensure that large tech platforms compensate news sites properly, particularly in light of heightened concerns over the sustainability of journalism amid colossal tech revenues.
The negotiations culminated in this arrangement between Google and OpenAI, indicating both a shift towards voluntary means of supporting journalism rather than mandatory legislative measures.
While Google and OpenAI have embraced the partnership to support journalism, Meta was notably absent from discussions and has suggested they would potentially block news sharing altogether.
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