Amazon (AMZN.US) will pay up to $25 million to acquire content from The New York Times (NYT.US) for use in its AI project.

According to the Wise Finance APP, it has been informed by sources that Amazon (AMZN.US) will pay approximately $20-25 million in content licensing fees to the New York Times (NYT.US) annually under a multi-year AI cooperation agreement to access the content of the news publishing organization.