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Landmark AI deal sees Hollywood giant Lionsgate provide library for AI training

Arstechnica

Arstechnica · 10m ago

Landmark AI deal sees Hollywood giant Lionsgate provide library for AI training

On Wednesday, AI video synthesis firm Runway announced a partnership with Lionsgate that will see the development of a custom AI model trained on Lionsgate's film and TV library. The collaboration aims to enhance content creation and reduce production costs. Runway plans to create a transformative medium for artistic expression, while Lionsgate sees AI as a way to improve efficiency in content production. The deal marks the first major collaboration between Runway and a Hollywood studio. However, the use of AI in the entertainment industry has raised concerns among unions, artists, and studios regarding job security, ethics, and legal implications.

Related News

OpenAI’s Sora faces Hollywood roadblocks: Why Walt Disney Co., Warner Bros., and other studios aren’t ready for AI yet | Mint

Livemint

Livemint · 6m ago

OpenAI’s Sora faces Hollywood roadblocks: Why Walt Disney Co., Warner Bros., and other studios aren’t ready for AI yet | Mint

OpenAI's Sora struggles for acceptance in Hollywood due to studios' concerns about AI's impact on creativity, data security, and conflicts with labor unions. Despite discussions with major studios, no deals have emerged. The film industry is cautious following AI-related strikes and fears. While some filmmakers see AI as a useful tool, studios remain wary of past tech partnerships. Lionsgate stands out for embracing AI through a unique deal, showcasing potential for tailored AI integration.

Google’s Deal With Stack Overflow Is the Latest Proof That AI Giants Will Pay for Data

Wired · 1y ago

Google’s Deal With Stack Overflow Is the Latest Proof That AI Giants Will Pay for Data

Google has become the first customer to sign up for Stack Overflow's content licensing initiative, agreeing to pay for access to Stack Overflow's Q&A content. The deal allows Google to use the questions and answers from Stack Overflow to provide coding assistance and technical support through its Gemini chatbot. The agreement highlights the growing importance of compensating content providers for AI training data. Stack Overflow's CEO, Prashanth Chandrasekar, sees this as a significant new revenue stream and emphasizes the platform's ability to curate and validate community knowledge. The specific financial details of the deal have not been disclosed.

Reddit in AI content licensing deal with Google

Economic Times

Economic Times · 1y ago

Reddit in AI content licensing deal with Google

Reddit has reportedly signed a $60 million per year deal with Google to provide its content for training the search engine's AI models. The agreement comes as Reddit prepares for its highly anticipated IPO and aims to generate new revenue streams amid stiff competition from platforms like TikTok and Facebook's Meta. This deal marks Reddit's first reported partnership with a major AI company, reflecting the trend of AI models seeking diverse training data beyond web scraping. Reddit is set to file its IPO documents this week and plans to sell approximately 10% of its shares.

The problems lurking in Hollywood’s historic AI deal

Wired · 1y ago

The problems lurking in Hollywood’s historic AI deal

Critics in Hollywood are concerned about the film industry's historic AI deal, as it allows for the creation of digital replicas and synthetic performers, potentially leading to fewer job opportunities for actors and crew. The agreement has caused dissent within the industry, with 14 percent of the national board of the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) voting against it. The provisions for AI-generated clones and synthetic performers have raised fears about the future of human actors in Hollywood.

Adobe Firefly is doing generative AI differently and it may even be good for you

Medial

Medial · 1y ago

Adobe Firefly is doing generative AI differently and it may even be good for you

Adobe Firefly is a generative AI system developed by Adobe that aims to enhance existing imagery while protecting the rights of creators. Unlike other platforms that scrape the internet for training data, Firefly uses Adobe's own stock image library, which is free of copyrighted and trademarked content. Adobe also pays creators for the use of their work in training the AI. The platform incorporates governance measures to ensure safety and avoid bias, and Adobe is focused on adding generative AI to its existing features and apps.

Match Group inks deal with OpenAI, says press release written by ChatGPT | TechCrunch

TechCrunch · 1y ago

Match Group has announced an enterprise agreement with OpenAI, the maker of AI chatbot ChatGPT. The agreement includes over 1,000 enterprise licenses for Match Group, which owns popular dating apps such as Tinder, Match, OkCupid, and Hinge. Match Group plans to use AI technology to assist its employees with tasks like coding, design, analysis, and communication. The company will implement ChatGPT-4 and provide training to ensure responsible use of the technology. Match Group sees AI as crucial for improving user experiences and creating a safer environment for its users to connect in.

Reddit receives FTC inquiry on AI-related deals ahead of IPO

Economic Times

Economic Times · 1y ago

Reddit receives FTC inquiry on AI-related deals ahead of IPO

The U.S. Federal Trade Commission (FTC) is investigating Reddit's sale, licensing, and sharing of user-generated content with third parties for AI model training, according to Reddit. The company claims it has not engaged in any unfair or deceptive trade practices. In February, Reddit signed a $60 million per year deal with Google to provide content for training its AI models. This move highlights Reddit's efforts to generate additional revenue amidst strong competition from platforms like TikTok and Meta Platform's Facebook. Reddit is currently preparing for its highly anticipated IPO, aiming for a valuation of up to $6.4 billion.

Netflix shares surge on big subscriber additions despite Hollywood strikes

Economic Times

Economic Times · 1y ago

Netflix shares surge on big subscriber additions despite Hollywood strikes

Netflix's shares surged by 16.23% as the streaming giant gained 9 million subscribers in the third quarter, defying the impact of Hollywood strikes. The company capitalized on its global production capabilities and the struggles of its competitors to attract 247 million subscribers. Netflix's successful management of investor expectations and its ability to provide fresh content during the strikes have contributed to its continued growth. However, the delays in producing some of its biggest shows could pose challenges for the platform in the future.

Anthropic Scores a Landmark AI Copyright Win—but Will Face Trial Over Piracy Claims

Wired · 1m ago

Anthropic Scores a Landmark AI Copyright Win—but Will Face Trial Over Piracy Claims

Anthropic, a startup, won a significant legal victory when a court ruled that its use of copyrighted materials to train AI models was protected under the "fair use" doctrine. However, Anthropic still faces potential lawsuits for allegedly pirating over seven million books to build its digital library, risking billions in damages. The court recognized the training as "transformative," marking it a benchmark in AI copyright law, but emphasized that piracy remains inexcusable.

Did Qualcomm just launch the first true 'App Store' for AI? AI Hub comes with 75 models for free, but you will have to be a developer to take full advantage of it

Techradar

Techradar · 1y ago

Did Qualcomm just launch the first true 'App Store' for AI? AI Hub comes with 75 models for free, but you will have to be a developer to take full advantage of it

Qualcomm has launched the AI Hub, a library of pre-optimized AI models for devices running on Snapdragon and Qualcomm platforms. The models in the library support various applications like natural language processing and computer vision, delivering high performance with low power consumption. More than 75 popular AI models are currently included, and they are optimized to leverage the hardware acceleration of Qualcomm's AI Engine. The AI Hub also provides tools for developers to customize and fine-tune the models. Qualcomm plans to update the library regularly and developers can sign up for early access to new features and models.

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