Cathie Wood buys $27 million of tumbling AI stock
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With $11.9 million in funding, Dottxt tells AI models how to answer
As we’ve reported before, enterprise CIOs are taking generative AI slow. One reason for that is AI doesn’t fit into existing software engineering workflows, because it literally doesn’t speak the same language. For instance, LLMs (aka large language models) require a lot of cajoling to deliver valid JSON…
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OpenAI Gets $500 Million Investment From SoftBank
Sam Altman’s AI company is looking to raise $6.5 billion overall at a valuation of $150 billion The post OpenAI Gets $500 Million Investment From SoftBank appeared first on TheWrap…
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Spotify Says It Paid 1% of a $10 Million Streaming Fraud Scheme’s Royalties — So Where Did the Other 99% Come From? Questions Abound Amid Radio Silence from Competitors
Yesterday, another interesting piece of the $10 million+ royalties scheme puzzle fell into place, as Spotify claimed to have promptly halted the operation on its own platform. But which services allowed the AI tracks to stay live and rack up billions of plays? That’s the multimillion-dollar question right now…
Salt Receives $1.44 Million Grant from Innovate UK — With AI-Driven Royalty Solutions a Big Focus
Photo Credit: Innovate UK Salt, the company that provides digital-era rights and royalties solutions for music creators and societies around the world, has announced a £1.1 million pound ($1.44 million) grant from Innovate UK, part of UK Research and Innovation (UKRI). The funding accelerates Salt’s investment in AI innovation, further advancing tools designed to empower
One $10 Million Royalties-Heist Indictment Later, Is Boomy’s ADA/Warner Music Deal Still Alive? Here’s What We Know
Germany-based Katirha, one of the Boomy users who’s distributed music under the AI-powered platform’s ADA deal. Photo Credit: Boomy Last year, Boomy inked a high-profile distribution tie-up with Warner Music’s ADA. Is the deal still on after the AI music generator’s CEO was reportedly named as a co-conspirator in a massive fake streams scheme? DMN