Other deals this round: ATC Group acquires a majority stake in Easy Life Entertainment, Triple 8 Management partners with AI company Sureel and more.
Rejecting an immediate injunction, a judge says it remains an “open question” whether its illegal to use copyrighted songs to train artificial intelligence models.
"The very thing being painted as an existential threat to the industry may be the thing capable of saving it," writes Jen AI co-founder/CEO Shara Senderoff.
Ambient music has been on the rise in the streaming era. But with royalty reform and the threat of AI-generated sounds, its future is still uncertain.
The AI licensing and protection platform has announced a Series A round led by the major music company and DNS Capital.
The new partnership will allow Alexa users to generate an AI song in seconds using a voice prompt.
The record, which was "co-written" by more than 1,000 musicians, is a critique of the government's proposed opt-out approach to generative artificial intelligence training.
As AI music continues to flood the internet, streaming services are tasked with the challenge of curbing its fast-growing risks. How are top services handling it?
"Who tf is this talking??!" the star commented.
The Universal chairman/CEO touted strides in the company's "artist-centric strategy," recent agreements with Spotify and Amazon and its embrace of "responsible AI."
