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News Corp Taps AI Startup Symbolic.ai to Power Financial Reporting

News Corp, the media behemoth controlled by Rupert Murdoch, is set to integrate AI more deeply into its financial news operations through a new deal with Symbolic.ai, a relatively new AI journalism startup. The agreement will see News Corp's Dow Jones Newswires utilize Symbolic.ai's platform to enhance various aspects of its editorial workflow.

Symbolic.ai claims its platform can boost productivity by as much as 90% for complex research tasks. While the specific financial terms of the deal were not disclosed, the partnership represents a significant endorsement for Symbolic.ai and its AI-driven approach to journalism. The platform offers tools for newsletter creation, audio transcription, fact-checking, headline optimization, and SEO, all designed to streamline editorial processes.

This move comes as news organizations grapple with the challenge of maintaining journalistic quality and efficiency in a rapidly evolving digital landscape. The integration of AI into newsrooms is no longer a futuristic concept but an increasingly present reality. News Corp's investment signals a growing acceptance of AI as a tool to augment, not replace, human journalists. The partnership could set a precedent for other media companies looking to leverage AI to improve their operations and potentially reduce costs.

Symbolic.ai was founded by former eBay CEO Devin Wenig and Ars Technica co-founder Jon Stokes. The company aims to provide an AI platform that assists in the production of quality journalism and content. News Corp has demonstrated a willingness to experiment with AI, having previously signed a multi-year partnership with OpenAI in 2024 to license its content for AI training purposes.

Looking ahead, the success of this partnership will likely be measured by the tangible improvements in productivity and the quality of content produced by Dow Jones Newswires. If Symbolic.ai's platform delivers on its promise, it could pave the way for wider adoption of AI-powered tools across News Corp's other media assets, including MarketWatch, the New York Post, and The Wall Street Journal, and potentially across the broader media industry.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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