2 days ago
Academic Publishers Sign AI Deals as Trump Cuts Research Funding
Academic publishers are rushing to sign licensing deals with artificial intelligence companies, carving out a new revenue stream as US research funding cuts dim their outlook.
Informa Plc 's Taylor & Francis signed a $10 million deal with Microsoft Corp. last year to provide the tech giant access to part of its library to train large language models, or LLMs. Bloomsbury Publishing Plc is looking to 'monetize academic content through AI deals,' it said in its latest set of results, while John Wiley & Sons Inc. announced partnerships with Amazon Web Services and Perplexity earlier this year.
