is it posiblle to make this more compact?

Question

file1=open(filename1, 'r', encoding='utf-8')
file2=open(filename2, 'r', encoding='utf-8')
text1=file1.read()
text2=file2.read()
file1.close()
file2.close()

Answer 1

thank you, i have 1 question tho.
we dont need to close the file if we open it using 'with'?

Answer 2

thank you :)