Spotify moves further into AI music with Sony, Universal, Warner

Spotify moves further into AI music with Sony, Universal, Warner

Thomas Fuller | Lightrocket | Getty Images Spotify announced Thursday that it will be partnering with Sony Music Group, Universal Music Group, Warner Music Group, as well as independent licensing agency Merlin and digital music company Believe, to create “responsible” artificial intelligence products. Although the company did not confirm any specific AI tools in development,…

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Alibaba says AI spending for e-commerce Taobao Tmall is breaking even

Alibaba says AI spending for e-commerce Taobao Tmall is breaking even

Chinese e-commerce giant Alibaba has pledged to spend more than $50 billion on artificial intelligence over the next three years. CNBC | Evelyn Cheng SHANGHAI — Chinese tech giant Alibaba is already recouping its investment on artificial intelligence in the company’s e-commerce business, vice president Kaifu Zhang told reporters on Thursday. The Chinese tech giant…

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Chance of AI correction is pretty high

Chance of AI correction is pretty high

File: Meta President Global Affairs Nick Clegg speaks during a press conference at the Meta showroom in Brussels on December 07, 2022. Kenzo Tribouillard | Afp | Getty Images The chance of a market correction in the artificial intelligence sector is “pretty high,” former Meta executive and British politician Nick Clegg warned on Wednesday, as…

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