Skip to main content

Universal Partners With AI Startup Udio After Settling Copyright Suit

6 days 17 hours ago
Universal Music Group has settled its copyright lawsuit with AI music startup Udio and struck a licensing deal to launch a new AI-powered music platform next year. The Verge reports: The deal includes some form of compensation and "will provide further revenue opportunities for UMG artists and songwriters," Universal says. Udio, the company behind "BBL Drizzy," will launch the platform as a subscription service next year. Universal, alongside other industry giants Sony and Warner, sued Udio and another startup Suno for "en masse" copyright infringement last year. Universal -- whose roster includes some of the world's biggest performers like Taylor Swift, Bad Bunny, and Ariana Grande -- says the new tool will "transform the user engagement experience" and let creators customize, stream, and share music. There's no indication of how much it will cost yet. Udio's existing music maker, which lets you create new songs with a few words, will remain available during the transition, though content will be held "within a walled garden" and security measures like fingerprinting will be added.

Read more of this story at Slashdot.

BeauHD

OpenAI Eyes $1 Trillion IPO

6 days 18 hours ago
OpenAI is reportedly preparing for a massive IPO that could value the company at up to $1 trillion. It follows a recent corporate restructuring that loosened its dependence on Microsoft and aligned its nonprofit foundation with financial success. Reuters reports: OpenAI is considering filing with securities regulators as soon as the second half of 2026, some of the people said. In preliminary discussions, the company has looked at raising $60 billion at the low end and likely more, the people said. They cautioned that talks are early and plans -- including the figures and timing - could change depending on business growth and market conditions. Chief Financial Officer Sarah Friar has told some associates the company is aiming for a 2027 listing, the people said. But some advisers predict it could come even sooner, around late 2026. [...] An IPO would open the door to more efficient capital raising and enable larger acquisitions using public stock, helping to finance CEO Sam Altman's plans to pour trillions of dollars into AI infrastructure, according to people familiar with the company's thinking. With an annualized revenue run rate expected to reach about $20 billion by year-end, losses are also mounting inside the $500 billion company, the people said. During a livestream on Tuesday, Altman addressed the possibility of going public. "I think it's fair to say it is the most likely path for us, given the capital needs that we'll have," he said.

Read more of this story at Slashdot.

BeauHD

Hacking LED Halloween masks is frighteningly easy

6 days 18 hours ago
No costume idea? We've got you covered

Hacking makes the holidays so much more enjoyable, and nothing says trick or treat quite like pwning LED Halloween masks belonging to every neighborhood kid during candy-collection hours.…

Jessica Lyons

Google Spends More On Servers Than The Whole World Used To

6 days 18 hours ago

Here is a funny number to chew on. Sometime in the early part of 2026, if current trends persist, Google will have a spending rate on servers that is in excess of the inflation adjusted spending levels set by the entire world in the wake of the Dot Com bust. …

Google Spends More On Servers Than The Whole World Used To was written by Timothy Prickett Morgan at The Next Platform.

Timothy Prickett Morgan