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Kyodo News and SB Intuitions sign business alliance to build generative AI on news content

Japanese news agency Kyodo News agreed a business alliance with SoftBank-group AI company SB Intuitions under which Kyodo supplies curated news content for developing large foundation models and services. No financial terms were disclosed.

November 14, 2024 - SB Intuitions and Kyodo News announced a business alliance agreement to develop generative AI using Kyodo's news content. Financial terms were not disclosed.1

Terms of the deal

Under the agreement Kyodo News supplies carefully selected news content, and SB Intuitions carries out research and verification on large foundation models using that content. They also plan services that combine generative AI with news content.1

Quotes

SB Intuitions president and chief executive Hironobu Tamba spoke of building next-generation digital social infrastructure. Kyodo News president Toru Mizutani said the partnership protects Kyodo's news content intellectual property.1

What it means for data sellers

The deal shows demand for local-language news data from domestic model builders. Sellers should look for clauses protecting their intellectual property, as Kyodo's president emphasized.

This entry is a news summary. SellYourAIData was not involved in the deal.

How the deal came together

  1. The alliance was announced. On November 14, 2024 SB Intuitions announced a business alliance agreement with Kyodo News to develop generative AI.
  2. Kyodo supplies news content. Kyodo supplies carefully selected news content and works with SB Intuitions on services built on large foundation models.
  3. SB Intuitions develops models. SB Intuitions conducts research and verification on large foundation models using Kyodo's content.
  4. Terms stayed private. No financial terms were disclosed.

Takeaways for companies with data

  • A national news agency in Japan licensed content for Japanese-language model development.
  • Kyodo framed the deal as protecting its news content intellectual property.
  • No price was published.

Sources

Every numbered reference above points to an entry here. Figures come from these pages as of the date shown at the top of the article. Where a source reports a number it got from unnamed people, the text says so.

  1. SB Intuitions and Kyodo News enter into a business alliance agreement (SB Intuitions, November 2024)

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About the AI Data Deal Tracker

SellYourAIData tracks publicly reported sales and licenses of data to AI companies, with the price, terms and sources for each. Entries are checked against public reporting and updated as deals change. SellYourAIData was not involved in this deal. To ask what your company's data could sell for, get a free valuation. To report a deal, contact us.