As viral AI models like OpenAI soar too raise these ex existential risks about Hollywood's copyrighted material, new tools are emerging to protect IP rights. Uh for today's tech check, our Julia Benston joins us with the co-founders of antipiriracy startup Sound. One of whom has a long history in Hollywood.Hey Julia. >> Hey Carl. That's right.Legendary Hollywood super agent and co-founder of CA Michael Oitz. Also a longtime tech investor. He co-founded antipiriracy company Sound Control with AI researcher W ...

Core Insights - Suno, an AI music generation startup, is in talks to raise over $100 million at a valuation exceeding $2 billion, which represents a fourfold increase from previous levels [2] - The company has faced legal challenges from major record labels, including Universal Music Group and Warner Music Group, over copyright infringement claims [3] - Suno's annual recurring revenue has surpassed $100 million, indicating strong market demand for its services [2] Group 1: Funding and Valuation - Suno is negotiating a funding round that would value the company at over $2 billion, a significant increase from its previous valuation [2] - The startup has previously raised $125 million from various investors, showcasing strong backing from the investment community [2] Group 2: Legal Challenges - Major record labels have accused Suno and its competitor Udio of using copyrighted music to train their AI models, seeking damages of up to $150,000 per infringing work, potentially totaling billions [3] - Suno's CEO, Maiki Shulman, has stated that the company's technology is transformative and aims to generate new outputs rather than replicate existing content [3] Group 3: Industry Collaboration - The music industry is beginning to establish a framework for collaboration with AI companies, with record labels negotiating settlements and licensing agreements [3] - Spotify has announced plans to work with both major and independent record labels to develop in-app technology, indicating a shift towards integrating AI-generated music within established platforms [3]

“I spent at least 35 years trying to bring about change in an industry which is so resistant to it.”On “The Weekend Intelligence”: why the classical orchestra continues to preserve tradition, and entrench hierarchy above equality https://t.co/CktliWmlAZ ...

Limp Bizkit bassist Sam Rivers dies aged 48 https://t.co/Z3q2VjrbXq ...

The Big Machine founder discovered the billionaire pop star when she was just a teenager. With the $450 million fortune he’s made, he now runs successful businesses in Nashville’s holy trinity of entertainment—music, racing and whiskey. https://t.co/yOl4g73Y8F (Photo: Jamel Toppin for Forbes) ...

camp network at $32m building ai training data licensing rails. universal and warner finalizing deals this quarter. story protocol at $1.8b for ip derivatives. camp captures the actual $2.8b ai music licensing market not remixes. 56x valuation gap for the infrastructure record labels need right now ...

The Recording Industry Association of America’s mid-year report did not name which Latin artists led the charge, but rapper-singer Bad Bunny’s music has dominated Billboard’s Latin charts all year.https://t.co/76Mp1EoGPm https://t.co/UFr9HI4qhg ...

Ace Frehley, a founding member of the glam rock band Kiss, has died at 74https://t.co/1NgTrmmF0K ...

Kiss lead guitarist Ace Freely has died at the age of 74. His family releasing a statement late tonight. Freely didn't just shred on the guitar with Kiss.He's also known for his solo career, including songs like New York Groove. ...

Core Insights - Spotify is partnering with major music labels and agencies to develop responsible AI products, signaling a commitment to ethical AI in the music industry [1][2] - The company is making significant investments in AI research and product development, including establishing a new AI research lab and product team [1] - Spotify has already integrated AI features into its app, such as an AI DJ and AI Playlist, which personalize music experiences for users [3] Group 1: Partnerships and Investments - Spotify is collaborating with Sony Music Group, Universal Music Group, Warner Music Group, Merlin, and Believe to create AI products [1] - The company aims to add more rightsholders and distributors in the future, indicating a strategy to expand its partnerships within the music industry [2] Group 2: AI Development and Features - The co-president of Spotify highlighted that AI represents a significant technological shift, comparable to the smartphone, and is transforming music creation and experience [2] - Spotify's AI features, such as the AI DJ and AI Playlist, were introduced in beta in September, showcasing the company's proactive approach to integrating AI into its services [3] Group 3: Industry Concerns - The entertainment industry has raised concerns regarding the potential misuse of AI, particularly in relation to artist copyrights, amidst the rapid growth of AI technologies [3]