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Reddit’s Strategic Play Lands it a $60M Content Licensing Deal Before IPO

IT Toolbox

Content licensing deal for AI training is thus the new business model on the block. They can offer a legal high ground and allow companies like Reddit to reduce their advertising dependency, much to the delight of users. The post Reddit’s Strategic Play Lands it a $60M Content Licensing Deal Before IPO appeared first on Spiceworks.

Licensing 264
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Right of Publicity Claims Will Rise as States Address AI Deepfakes and Voice Cloning

SecureWorld News

Importantly artificial intelligence services, internet platforms, and other technology companies should remain vigilant of this active and proposed regulation, as they could be subject to liability based on content available through their services or platform. Second, the ELVIS Act narrows the TPRPA's advertising exemption under Tenn.

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Reddit is going public. Will its unruly user base revolt?

Vox

It’s hoping to offer more advertisers access to its 73 million daily active users, many of whom come to Reddit looking for product recommendations. Advertisers could then target users based on their interests. The advent of AI large language models like Google Gemini has opened up new opportunities in licensing. million in 2023.

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Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The declining percentage comes from noticeably slower growth in the online segment over the past couple years (including year-over year declines in some recent quarters) and the continued growth of the company’s revenue from areas including third party seller services, Amazon Web Services, and advertising services. ” [Rose 13.5%

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The New York Times sues OpenAI and Microsoft for training AI chatbots on its copyrighted work

GeekWire

(GeekWire File Photo / Kurt Schlosser) The New York Times filed a lawsuit Wednesday against OpenAI and Microsoft, accusing the companies of copyright infringement for training artificial intelligence models on millions of articles published by the newspaper.

Training 105
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Seattle tech leaders launch nonprofit to push for greater transparency in AI training data

GeekWire

GeekWire Photo / Todd Bishop) Artificial intelligence is a powerful technology that promises to reshape the future, but it also poses many challenges and risks. He founded and led the startup Appnique, which applies machine learning to mobile advertising campaigns. … The heart of it all was the inputs of the AI.”

Nonprofit 111
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Microsoft cloud revenue up 22%, Windows business plunges 27% in first report since job cuts

GeekWire

billion, including a decline of 39% in revenue from versions of Windows licensed to computer manufacturers. Other notable numbers from the second quarter results: Revenue from search and news advertising was up 5%, but that compares with a consistent run of double-digit revenue growth stretching back nearly two years.

Microsoft 116