California Announces Deal with Tech to Fund Journalism, AI

Does anybody know anything about this? This article is too vague for me to really tell what it's talking about.

Is it a settlement of news organizations' suing Google for linking to their stories?

Is it the state of California trying to fund news organizations with state money? (If so, and those organizations report on the state government of California, that seems like a clear conflict of interest.)

Is it both of those things? Something else?

And what's the role of the AI part of this?

Does anyone have a better source on this?