Technology

$500m-valued Suno has admitted training AI on copyrighted music. 

The platform’s controversial reputation in the music industry doesn’t seem to have prevented tech giant Amazon– owner of Spotify rival Amazon Music– from partnering with it. Amazon has unveiled a new AI-powered version of its Alexa voice assistant, and among the capabilities of the “next-generation” Alexa+ is an integration with Suno. Amazon’s willingness to do business with AI companies at odds with the music industry isn’t limited to the integration with Suno.

Source: $500m-valued Suno has admitted training AI on copyrighted music. 

Snoop Dogg Ditches Spotify After Paltry Royalty Check, Inks Exclusive With Tune.fm

So long, Spotify: Snoop Dogg says he’s “ditching” the streaming service for blockchain-powered competitor Tune.fm, where he’s exclusively released a new single. In no uncertain terms, the longtime crypto enthusiast Snoop Dogg attributed the switch to his allegedly miniscule Spotify royalty payments. And on that front, the rap mainstay said he’d pocketed only $45,000 or so from a staggering one billion Spotify streams.

Source: Snoop Dogg Ditches Spotify After Paltry Royalty Check, Inks Exclusive With Tune.fm

Tech Companies Battle Transparency Obligation in EU AI Act 

One of the most divisive aspects of the law concerns transparency in the crucial upstream phase, requiring AI companies to notify rightsholders when their works are being used as training data for the algorithms of their generative AI systems. That notification obligation — the implementation of which is still up in the air but is due to kick in on Aug. 2 — is the crux of the battle for rightsholders seeking compensation and new revenue streams.

Source: OpenAI and Other Tech Companies Battle Transparency Obligation in Europe’s AI Act as Creatives Push Back: ‘We Know You’re Harvesting Us’

ElevenLabs Launches Publishing Platform for AI-Generated Audiobooks

ElevenLabs, the software company specializing in AI-generated audio, has launched ElevenReader Publishing, a platform that offers free audiobook production and distribution. Through ElevenReader, rights holders can upload their books as ePub, DOCX, or PDF files, which are then converted to AI-generated audiobooks, for which authors and publishers can choose the voice of the narrator.

Source: ElevenLabs Launches Publishing Platform for AI-Generated Audiobooks

OpenAI launches Sora video generation tool in UK amid copyright row

The artificial intelligence company behind ChatGPT has launched its video generation tool in the UK amid a deepening row between the tech sector and creative industries over copyright. Beeban Kidron, the film director and crossbench peer, said the introduction of OpenAI’s Sora in the UK added “another layer of urgency to the copyright debate.”

Source: OpenAI launches Sora video generation tool in UK amid copyright row

Spotify’s Bold AI Gamble Could Disrupt The Entire Music Industry

Spotify is developing premium-tier AI music creation tools that could transform passive listeners into active creators while generating higher revenue streams. There are some pretty big hurdles, most prominently the question of rights. Are artists and record companies happy with the idea that a million personalized remixes of their treasured IP could suddenly explode into existence? It’s been speculated that this might be why Spotify isn’t yet ready to publicly announce a launch date for the new premium tier service.

Source: Spotify’s Bold AI Gamble Could Disrupt The Entire Music Industry

UK newspapers blanket their covers to protest loss of AI protections

Creative and media industries have teamed up on this “Make It Fair” initiative, calling for readers to help protect British creative industries. The campaign was created to fight government proposals that would allow artificial intelligence companies to train their models on copyright-protected work without permission.

Source: UK newspapers blanket their covers to protest loss of AI protections

Report: Perplexity Creating $50 Million Venture Fund for AI Startups 

The company, which is an AI startup itself, will be an anchor investor in the fund, but outside limited partners will provide most of the capital, CNBC reported Tuesday (Feb. 25), citing unnamed sources. It was reported in December that the company closed a $500 million funding round earlier that month, with its backers including SoftBank, Nvidia and Amazon founder Jeff Bezos.

Source: Report: Perplexity Creating $50 Million Venture Fund for AI Startups | PYMNTS.com

Major record company bosses back campaign against UK AI copyright proposal

Universal Music Group Chairman and CEO Sir Lucian Grainge, Sony Music Group Chairman Rob Stringer, and Warner Music Group CEO Robert Kynclhave thrown their weight behind a Daily Mail campaign urging the government to protect creators’ rights. “The UK stands at a decisive crossroads because what is ‘Made in Britain’ and exported to the world is not limited to physical products, but also intellectual property and copyright including music, visual art, life sciences and more,” said Grainge.

Source: Major record company bosses back campaign against UK AI copyright proposal

Meta and Google Slam EU on AI Regulation

Top executives from Meta Platforms and Alphabet have amped up the heat on the European Union (EU) over its perceived failure to foster innovation in artificial intelligence. In particular, the EU’s AI Act, which tightly controls the type and nature of AI systems allowed in the bloc, was seen as going “too far” by META director of public policy Chris Yiu. “The net result of all of that is that products get delayed or get watered down and European citizens and consumers suffer.”

Source: Meta and Google Slam EU on AI Regulation

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