CreateSafe Announces Funding for New AI Platform Following Grimes Collab

CreateSafe, the music tech studio that collaborated with Grimes on an AI using a clone of her voice, has raised $4.6 million in a seed funding round to launch TRINITI, a new “artistic intelligence” platform. Polychain Capital, a cryptocurrency and blockchain tech investment firm, led the funding round. Grimes also joined CreateSafe’s advisory board to continue to experiment and develop emergent new use cases to collaborate with AI.

Source: CreateSafe Announces Funding for New AI Platform Following Grimes Collab

RightsTech Extra

AI Companies Get the Picture

By Paul Sweeting

One of the biggest challenges facing copyright owners in grappling with the rapid development of generative AI technology, apart from a murky legal status, has been market failure, as discussed here in previous posts. The amount of existing material needed to train gen-AI models is so great, and so varied, that gauging the value of any one piece of it to establish a market price for it for licensing purposes is often effectively impossible. One group of rights owners is finding willing buyers among AI companies, however. An active, albeit for various reasons mostly sotto voce market has begun to emerge for the use of images held in large photo archives and by photo agencies and social media platforms, complete with per-unit industry and at least a nod toward creator attribution... Read More >>

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