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 24 Jun 24

tl;dr

The Recording Industry Association of America, along with major music industry players, has filed lawsuits against AI developers Udio and Suno for alleged mass infringement of copyrighted sound recordings. The RIAA claims that both companies illegally used recordings by artists such as Mariah Carey ...

The Recording Industry Association of America, along with major music industry players, has filed lawsuits against AI developers Udio and Suno for alleged mass infringement of copyrighted sound recordings. The RIAA claims that both companies illegally used recordings by artists such as Mariah Carey and The Jackson 5 to train their AI models. The lawsuits seek $150,000 per infringement incident, a declaration of infringement, and an injunction against future infringement.

Despite warnings and legal threats, unauthorized AI-generated music, including a diss track aimed at Drake, continues to surface online.

The RIAA lawsuit is similar to several filed by book and news publishers against AI companies for allegedly training their text models on their content. According to the RIAA spokesperson, simple prompts mentioning an artist and their work produce recordings that “overwhelmingly mimic and replicate specific recordings” by those artists or their voices, style, and sound.

The lawsuits aim to reinforce ethical and lawful development of generative AI systems. The RIAA is demanding $150,000 per infringement incident, a declaration that Udio and Suno infringed on copyrighted recordings, and an injunction barring the services from infringing copyrighted recordings in the future.

While large language model AIs like OpenAI’s ChatGPT and Google Gemini draw the majority of scrutiny, generative music AI use has also come under fire. In April, over 200 artists joined the Artist Rights Alliance in signing an open letter to AI developers demanding that they not release music generation tools that devalue artists’ work.

Lawsuits and threats of lawsuits have not slowed the release of unauthorized AI deepfakes of musicians, however. In May, another AI-generated song, “BBL Drizzy,” appeared online as a diss track aimed at Drake during his public feud with fellow rapper Kendrick Lamar. The song’s creator, Metro Boomin, posted “BBL Drizzy” on Twitter and encouraged fans to create content using the song in exchange for a prize.

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ENERGY & TRANSPORTATION

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Beta: None

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200-Day Moving Average: 0.007

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Price/Earnings Ratio

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Return on Equity

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Beta

0.215

Market Cap (intraday)

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Enterprise Value

$148.69

Price/Book

3.093

Price/Revenue

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