Meta Licensing Deal with UMG

Plus: Customer Retention with AI

Welcome AI-Powered Leaders!

Good morning. Today's top story is that Meta Licensing Deal with Universal Music Group.

In today’s topics:

  1. Meta & Universal Music Address AI Content in Licensing Deal

  2. 5 New Quick Hits

  3. Customer Retention Strategies with AI

  4. 3 Trending AI Tools

Read Time: 5 Minutes

LATEST NEWS & QUICK HITS

Meta & Universal Music Group Address AI Content in New Licensing Deal

The Veroneus: According to TechCrunch, Meta and UMG have announced a new licensing agreement that addresses AI-generated content and allows users to share licensed music across Meta's platforms.

The Details:

  • The agreement enables users to share songs from UMG's music library across Facebook, Instagram, Horizon, Threads, and WhatsApp without violating copyright.

  • The two companies aim to address "unauthorized AI-generated content" that could affect artists and songwriters, as AI systems often scrape songs without the consent of the original creators.

  • Moreover, in response to the claims filed by the Recording Industry Association of America against music producing start-ups Udio and Suno for training their AI models with copyrighted musical works, this agreement has just been reached.

  • Meta claims that it is taking an ethical approach towards AI-generated music by releasing generative AI models trained only on “music owned by Meta or specifically licensed.” However, it still accepts that there may be wrongful use cases such as making deepfakes.

The Significance: This reflects concerns held by the music industry about AI-generated content, exacerbated in an upload-and-use context such as that seen with deepfake technology. By forging alliances, this partnership highlights the importance for cooperation between tech giants and in defense of artists rights and to insure ethical AI use with music.

⚡️Quick Hits

  • Google Meet introduces a new AI for taking notes

  • Amazon turns to generative AI as Alexa ages

  • Nvidia is developing a universal robot 'brain'.

  • OpenAI may soon release a major ChatGPT update called Project Strawberry

  • Grok, announced by xAI in a recent tweet from Elon Musk, will enter beta "soon."

PROMPT TUTORIAL

Customer Retention Strategies with AI

Prompt Template:

Act as as a customer experience specialist and suggest three effective strategies to improve customer retention for a [business type] business that sells [Product / Service] product. The strategies should focus on enhancing customer experience and fostering loyalty. Provide a brief explanation of how each strategy can contribute to better retention and customer satisfaction.

Response:

TRENDING AI TOOLS

🛠️ AI TOOLS LINKS

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  • Osum - It's an AI-powered market research tool that offers businesses rapid, in-depth insights and analysis.

  • Zendesk AI - It is an AI-powered platform designed to streamline customer interactions across various channels.

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