Microsoft and OpenAI announced they’re offering a select group of media outlets up to $10 million ($2.5 million in cash plus $2.5 million worth of “software and enterprise credits” from each) to try out AI tools in the newsroom.

OpenAI and its minority owner Microsoft are funding a $10 million AI collaborative and fellowship program operated by the Lenfest Institute, a non-profit that supports local journalism. Why it matters: The partnership represents the largest local news development collaborative working on AI specifically,