Category: Uncategorized
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Spotify expands AI remix and covers project with Merlin partnership
Spotify says Merlin, which represents more than 30,000 independent labels and distributors, has joined Universal Music Group in backing its upcoming AI-powered remix and covers product. The paid tool will let fans create AI-generated covers and remixes of participating artists’ music while ensuring artists opt in, receive credit, and are compensated.
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Walmart completes its acquisition of TV advertising company Vibe.co
The acquisition, which was first announced in June, brings Vibe.co into Walmart Connect, Walmart’s connected TV advertising platform.
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Elon Musk spends half his time talking robots and AI on Tesla earnings calls
An analysis of the last seven years of Tesla earnings calls shows just little attention Musk pays to Tesla’s car business.
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Apple says more ex-employees may have taken confidential data to OpenAI
Apple says its trade secrets investigation into OpenAI has widened. In a new court filing, Apple claims additional former staff may have retained or accessed confidential information.
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Spotify now has over 300M subscribers
Notably, the company saw its subscriber base swell by 9% in the second quarter despite raising prices in several regions this year.
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India moves to give its instant payments network a business model
The legislation lays the groundwork for a potential overhaul of India’s zero-merchant-discount-rate regime, under which businesses have not paid fees to accept UPI payments since 2020.
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Is the future of data centers portable? Runware builds a pod to find out
On Tuesday, AI infrastructure company Runware announced the launch of its own modular data center called Sonic Inference Pod.
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EON wants to move the data superhighway from ocean fiber to space lasers
Endeavour Optical Networks is planning to launch the fastest space laser communications system yet built.
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Bending Spoons to buy Airtable for $1.28B
At its peak in 2021, Airtable was valued at over $11 billion, but earlier this year, its shares were said to be trading on the secondary markets at a valuation of $4 billion.
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After killer quarter, Palantir CEO Alex Karp calls AI industry ‘Marxist’
After a quarter that delivered $1 billion in profit, Palantir CEO Alex Karp on Monday once again warned that AI frontier labs as too untrustworthy for enterprises.