Record Labels vs. AI

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SUNO AND UDIO

👨🏻‍⚖️ Suno and Udio Sued by Major Record Labels
^{Insights from Bloomberg}

Universal Music Group, Warner Music Group, and Sony Music Entertainment have filed lawsuits against AI music startups Suno and Udio, accusing them of illegally training their AI models on copyrighted material.

The Decode:

• Legal Action: The Recording Industry Association of America (RIAA) is leading the charge, seeking up to $150,000 per infringed work, potentially amounting to billions in damages.
  

• Allegations: The lawsuits claim that Suno and Udio used copyrighted recordings without authorization to train their AI models.
  

• Specifics: The RIAA argues that the AI-generated outputs mimic the style of specific artists and hit songs, with both companies allegedly admitting to using copyrighted material for training.
  

• Funding: Suno recently raised $125M in May, while Udio secured $10M in funding.

The music industry's proactive stance against AI-generated music echoes the legal challenges faced by text and image generation platforms. These lawsuits could set important precedents for the industry or lead to substantial settlements and future licensing agreements.

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SYNTHESIA 2.0

🌟 Introducing Synthesia 2.0: Revolutionizing AI Video Communications
^{Insights from Synthesia}

Synthesia 2.0 is the world's first AI video communications platform, designed to streamline and enhance video production and distribution for businesses.

The Decode:

Personal AI Avatars:

• Expressive Avatars: Professionally created in a studio, adjusting tone and expressions based on context.
  

• Custom Avatars: Made using webcams or phones, with improved lip sync and voice replication in over 30 languages.

AI Video Assistant:

• Brand Integration: Automatically incorporates brand elements like fonts, colors, and logos for consistent video branding.
  

• Bulk Creation: Converts entire knowledge bases into video libraries, streamlining customer support.

AI Screen Recorder: Simplifies screen recording integration, offering immediate editing with voiceover synchronization and automatic zoom effects.

New Video Player: Offers personalized, real-time interactive experiences with clickable hotspots, forms, quizzes, and more.

AI Safety: ISO/IEC 42001 Certification Ensures responsible AI development and use, giving customers confidence in ethical AI capabilities.

Synthesia 2.0 transforms business communication with innovative AI-driven tools, making video production seamless, personalized, and efficient. This platform represents a significant leap towards a video-first world, driving real business outcomes.

CHATGPT REVENUE

📈 GPT-4o Propels ChatGPT to New Revenue Heights
^{Insights from App Figures}

The Decode:

May saw OpenAI's ChatGPT achieve record-breaking success, with GPT-4o reversing its download decline and setting a new revenue record. Downloads increased from 13.9 million in April to 18.7 million in May, approaching the peak seen in November. Revenue also soared by $5.8 million, totaling $20.3 million, the highest since the app's launch. 

The U.S. contributed over 34% of this revenue, followed by Germany, the UK, and Japan. Despite the triumph of GPT-4o, the future of generative AI might lie in more specialized tools that make "AI" accessible to a wider audience.

TOOLS YOU CANNOT MISS

RightBlogger - Overcome writer's block and publish faster with RightBlogger's 70+ easy-to-use  AI tools 

BoltAI - BoltAI is a native macOS ChatGPT client that allows entrepreneurs, developers, marketers, students, and anyone else to integrate AI assistance into their daily tasks.

Trove - Trove is the first AI-powered conversational survey tool. By converting boring and unappealing traditional surveys into a unique conversational format, it makes the surveys 10x more engaging and powerful.

EditApp - EditApp AI is a versatile tool that allows users to easily create and modify images on their mobile devices. The app offers three main modes: Create, Tweak, and Background.

HOT NEWS

🛒 Shopify AI Sidekick chatbot now in early access

Shopify's AI "Sidekick" chatbot, now in early access, helps merchants create discount codes, generate reports, and suggest blog post ideas. Available for English stores in North America, others can join a waitlist. Shopify also introduced AI tools for product categorization, customer chat replies, and an AI-powered image generator for mobile apps.

🤖 Google develops AI chatbots modeled after celebrities and influencers

Google is developing AI chatbots based on celebrities and YouTube influencers. Using its Gemini language models, Google aims to let users interact with chatbots that mimic real personalities. The project is led by Ryan Germick and might appear on Google Labs for experimental testing following similar initiatives by other companies like Meta and Character.ai.

🚀 OpenAI acquires remote collaboration platform 

OpenAI acquires Multi, a video-first collaboration platform for remote teams. The deal is mainly an acqui-hire, with Multi’s CEO Alexander Embiricos and around five team members joining OpenAI. Multi will shut down on July 24. This move aligns with OpenAI’s strategy to expand its enterprise solutions, following its recent acquisition of Rockset.

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