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Microsoft Corporation MSFT Launches $10M AI-Powered Local News Initiative with OpenAI and Lenfest Institute

November 12, 2024
Microsoft Corporation has partnered with OpenAI and the Lenfest Institute to launch a groundbreaking $10 million AI-powered local news initiative. The collaboration aims to address the challenges faced by the local news industry and support the development of sustainable models for local journalism. By leveraging AI technology, the initiative seeks to improve the quality and accessibility of local news content and enable news organizations to navigate the digital landscape more effectively. This strategic move reflects Microsoft's commitment to driving innovation and fostering the growth of the media industry.
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