#music

The executive committee of SAG-AFTRA, the united union of actors and musicians, has provisionally approved a new agreement with major recording companies, including Warner Music Group and Sony Music Entertainment. Among other things, this agreement addresses the regulation of artificial intelligence in the music industry.

After breaching the X-account of Algorand's CEO, the hacker began a spree of satirical posts, sharing a variety of music, and amusingly altering the account's bio. One notable post included a fictional tale about Justin Sun, ambitiously seeking to promote Algorand for unrestricted access to the token minting to back TUSD.

Canadian artist Grimes has partnered with the music platform Slip․stream to promote and distribute songs generated by AI using her vocal samples. More than 200 such songs have already been created, and their creators can now earn money from the commercial use of such music.

Justin Bieber's popular track "Company" is getting the NFT treatment. On September 7, music tech platform anotherblock and co-producer Andreas Schuller, aka Axident, will release the song as a limited NFT — only 2,000 will be available. Fans who buy the NFT will get a 1% share in the song's royalties, while Axident retains the rights. Michel D. Traore, CEO of anotherblock, emphasized that this NFT initiative not only shines a spotlight on producers but also introduces the masses to Web3 technologies.

OpenAI launched its new language model, GPT-4o Mini, described by the company as “the most functional and cost-effective yet.” Future updates are planned to include image, music, and video processing capabilities.

Sony Music Entertainment, one of the world's largest record companies representing popular bands like AC/DC and Nickelback, has issued warning letters to AI developers. According to the Financial Times, recipients include OpenAI, Microsoft, Google, Suno, and over 700 other startups.

Amazon Music is beta-testing a feature known as Maestro, an artificial intelligence-driven playlist generator. This functionality allows users to create personalized playlists through text input, emojis, specified emotions, or even auditory cues like other songs.

Coinbase's L2 blockchain, Base, and the music platform Sound have declared a partnership. Through this collaboration, artists are enabled to mint their music on the Base network.

In a joint effort to combat the growing phenomenon of AI-based music forgeries in the industry, companies are working together. Their main aim, though still in initial talks, is to develop a tool that would allow songs generated by artificial intelligence, emulating artists, to be created on legitimate grounds.