Having unveiled its deal with AI-music firm Udio overnight, yesterday saw Universal Music Group reveal a second deal – with Stability AI – while also publishing its financial results and dropping some news about its evolving relationship with YouTube. The results saw UMG post Q3 revenues of €3.02bn ($3.49bn at current exchange rates). That was up 5.3% […] The post is from Music Ally.| Music Ally
Universal and Warner are reportedly nearing licensing deals with AI music companies…| Music Business Worldwide
AI startup Stability AI raises $101M in new funding - SiliconANGLE| SiliconANGLE
Emad Mostaque, founder of Stability AI, claims to have initiated the AI boom and says his text-to-image generator, Stable Diffusion, pressured OpenAI to| Luddite Pro
The New York Times took a bold step in the fight against artificial intelligence, filing a federal lawsuit against OpenAI and Microsoft. The lawsuit accuses OpenAI of copyright violations by using the newspaper's stories to train their chatbots and allegedly stealing billions of dollars’ worth of work written by NY Times journalists.| Ruby Media Group