Newsmax Signs AI Content Deal With Meta

MT Newswires Live07-28

Newsmax (NMAX) said Tuesday that it has signed an artificial intelligence content partnership with Meta Platforms (META).

Financial terms were not disclosed.

Under the deal, Meta will have access to Newsmax's digital news content, including current reporting and archived material, to support AI queries across Meta's apps and devices.

"Newsmax applauds the significant resources Meta is putting into AI to keep America at the forefront of this emerging technology," commented Chris Ruddy, CEO of Newsmax.

"We are pleased to work with Meta to help ensure users have access to timely, high-quality journalism through AI technologies."

Shares of Newsmax were up 3% pre-bell.

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