The drummer recently gave an interview to The Sunday Mirror where he discussed the potential to forge a Pink Floyd reunion via AI. David Gilmour declared the band to be over in 2015, saying that the iconic prog-rock band had run its course. “The thing to do would be to have an AI situation where David and Roger become friends again,” he continued, adding: “We could be like ABBA by the time we’ve finished with it.”
Source: Nick Mason wants to use AI to create new Pink Floyd songs
Reality has hit the AI hype machine. On Alphabet’s recent earnings call, CEO Sundar Pichai touted widespread adoption of Google Cloud’s generative AI solutions, but with a caveat—and a big one. “We are driving deeper progress on unlocking value, which I’m very bullish will happen. But these things take time.” The TL;DR? There’s a lot of generative AI tire-kicking, and not much adoption for serious applications that generate revenue.
The company, whose market value is estimated at $80 billion as of February, is likely to spend as much as $7 billion this year to train and operate its chatbot. That means more money needs to be raised, even as a path to profitability gets murkier, thanks to increasing competition. The OpenAI costs include renting server capacity from Microsoft that’s required to maintain ChatGPT, the report said. That accounts for about $4 billion.
Source: OpenAI, Home Of ChatGPT, May Lose $5B This Year – Report
Investment giant Apollo Global Management is backing Sony Music Group to the tune of $700 million to help the company fund music acquisitions, it was announced Friday (July 26). The deal could provide the financial assistance needed for Sony’s planned acquisition of Queen‘s recording and music publishing catalogs. Sources have told Billboard the band is seeking $1.2 billion for its catalogs and ancillary income stream.
Source: Sony Music Receives $700M from Apollo Global for Music Investments
The ChatGPT parent company addressed publisher concerns about AI-driven search directly in its post announcing the prototype on Thursday, saying SearchGPT “is designed to help users connect with publishers by prominently citing and linking to them in searches.” The prototype is not yet open to the public, having launched for now “to a small group of users and publishers to get feedback.”
Source: OpenAI testing prototype search engine with news publishers
Spotify will now offer more than 1,000 audiobooks from some 100 publishers distributed by Ingram Content Group (ICG), thanks to a new partnership between the streaming giant and Ingram. The newly added audiobooks come from a range of small and independent publishers, including Europa Editions, Milkweed Editions, G&D Media, Bard Press, and New Society Publishers.
Source: Spotify Adds 1,000 Audiobooks from 100 Publishers Distributed by Ingram
Apple says it offers radio monitoring for 40,000 radio stations from more than 200 countries and regions. Radio Spins data is integrated throughout the Apple Music for Artists experience so artists can see which stations and regions are giving their music air time. The Trends page offers more detailed data, such as the stations that are spinning an artists’ music the most, or which songs from an artists’ catalog are receiving the most plays across all monitored stations.
Source: Apple Music for Artists Adds Radio Monitoring for 40,000+ Stations
Major video game makers – like Activision, Warner Bros and Walt Disney – are facing a strike by Hollywood performers over the use of artificial intelligence (AI). It follows a year and half of talks over a new a contract between the companies and a union representing more than 2,500 video game performers.
Source: Video game performers go on strike over artificial intelligence
Songwriters have traditionally remained in the background of artists’ stories. It has often been assumed that fans would be turned off by the knowledge that their favourite artist did not write all their songs alone, and that fans would not care to know much about the writers behind the curtain anyway. But today’s fans might tell you otherwise.
AI models can degrade themselves, turning original content into irredeemable gibberish over just a few generations, according to research published today in Nature. The recent study highlights the increasing risk of AI model collapse due to self-training, emphasizing the need for original data sources and careful data filtering.
Source: AI Learning From Its Own Nonsense Might Just Self-Destruct, Experts Warn