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Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches were oversubscribed ~26x and ~2,348x, respectively (Himanshi Akhand/Reuters)

Himanshi Akhand / Reuters : Filing: Chinese AI chip startup Biren raises ~$717M in its Hong Kong IPO; institutional and retail tranches we...

25 June 2024

The RIAA's lawsuit against generative music startups will be the bloodbath AI needs and an object lesson in hubris for similarly unethical AI companies (Devin Coldewey/TechCrunch)

Devin Coldewey / TechCrunch:
The RIAA's lawsuit against generative music startups will be the bloodbath AI needs and an object lesson in hubris for similarly unethical AI companies  —  Like many AI companies, Udio and Suno relied on large-scale theft to create their generative AI models.

Posted from: this blog via Microsoft Power Automate.

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