According to research by MarketsandMarkets, the global market for AI training datasets is projected to grow from $2.68 billion in 2024 to $11.16 billion by 2030, a compound annual growth rate of over 22%. Yet the size of the market tells only part of the story. Much of this activity happens under NDA, without pricing transparency, and often with questionable sourcing. The line between what is licensed and what is scraped remains blurred, and, increasingly, contested.
Source: The Hidden Economy Behind AI: Data Licensing Takes Center Stage – Kaptur
Academic publishers are rushing to sign licensing deals with artificial intelligence companies, carving out a new revenue stream as US research funding cuts dim their outlook. Taylor & Francis signed a $10 million deal with Microsoft Corp. last year. Bloomsbury Publishing Plc is looking to “monetize academic content through AI deals,” it said in its latest set of results, and John Wiley & Sons Inc. announced partnerships with Amazon Web Services and Perplexity earlier this year.
The Book Industry Study Group has announced the launch of Find a Rightsholder, a searchable database with information on how to reach rights and permissions contacts for more than 3,500 imprints. Unlike title management tools that seek to facilitate dealmaking and take a cut of any transaction, Find a Rightsholder is focused solely on helping the publishing community locate relevant contacts for U.S. and U.K. publishers.
