# California to Invest $250m in News Organizations and AI Research Program
## Key Points:
– California has taken a groundbreaking step by agreeing to allocate around $250 million towards supporting local news organizations and establishing an AI research program, mirroring Canadian legislation.
– The state, in collaboration with tech companies, will fund this initiative over five years, with an initial investment of $100 million in 2025.
– Democratic assembly member Buffy Wicks played a pivotal role in negotiating the agreement, with a significant portion of the funds intended to bolster California-based news outlets.
– The remainder of the investment will be channeled into advancing AI research, showcasing the commitment to fostering innovation and technological development within the state.
### Final Thoughts:
California’s pioneering move to prioritize journalism and AI research through a substantial financial commitment marks an important milestone in bridging the gap between technology and media. This collaboration not only highlights the growing significance of these sectors but also underscores the state’s dedication to fostering a vibrant ecosystem that promotes both informed reporting and cutting-edge technological advancements. It will be intriguing to observe how this investment shapes the future landscape of news and AI in California and potentially sets a paradigm for other states to follow suit.
As part of this experiment I would like to give credit where credit is due. If you enjoy these, please take a moment to read the original article:
https://www.theguardian.com/us-news/article/2024/aug/21/california-tech-journalism-ai
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