Startups

AI Music Start-ups Suno and Udio Sued by Music Giants: Did They Steal Songs for Profit?

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San Francisco, California – Major players in the music industry filed lawsuits against two emerging artificial intelligence music companies on Monday, accusing them of using copyrighted songs without permission to train their AI tools. The lawsuits, brought by record companies like Sony Music Entertainment, Universal Music Group, and Warner Records, targeted Suno and Uncharted Labs, the developer of Udio, for allegedly allowing users to create songs with simple text prompts. Mitch Glazier, CEO of the …

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AI Startups OpenAI and Anthropic Accused of Ignoring Rules for Web Scraping – Shocking Findings Revealed!

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San Francisco, CA – Two leading AI startups, OpenAI and Anthropic, are under scrutiny for allegedly disregarding requests from media publishers to halt scraping their web content for AI training data. The companies have reportedly been found to be skirting the established web rule known as robots.txt, which prohibits automated scraping of websites. TollBit, a startup facilitating paid licensing agreements between publishers and AI firms, discovered that multiple AI companies, including OpenAI and Anthropic, have …

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Rivian and Lucid Stocks Plunge After Bleak Q4 Earnings – Are These EV Startups Doomed?

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BLOOMINGTON, Illinois – Electric vehicle startup stocks Rivian and Lucid faced a significant downturn early Thursday following the release of their fourth-quarter earnings and revenue. Both companies also announced that production would not be ramping up in 2024, contributing to the decline. On Wednesday, Rivian reported a loss of $1.36 per share in Q4 and sales doubling to $1.31 billion. This fell just short of Wall Street’s expected loss of $1.35 and revenue totaling $1.28 …

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