back to top

Google, Meta Bid Millions for Hollywood Content: Report

Google and Meta are apparently attempting to strike deals to train their own distinct AI video generation models.

Share

Google and Meta are apparently joining OpenAI in the artificial intelligence (AI) content licensing competition. OpenAI has signed multiple agreements with news publishers and other websites to use its data to train its AI models.

According to reports, Google and Meta have also joined the market to sign content licensing agreements with Hollywood studios. It is reported that the tech behemoths plan to use this database to train their video production models. Notably, Google recently introduced its AI video model, Veo.

According to a Bloomberg report, Google and Meta are attempting to acquire access to Hollywood studio’s extensive material collections in order to train their own AI video models. While Google may want these agreements for Veo, Meta has not officially revealed any such model. However, according to the report, the social media giant may be developing a video model internally.

According to people familiar with the situation, both companies have offered tens of millions of dollars to work with studios. While Hollywood studios are thought to be interested in forming collaborations, they are also anxious about losing control over how Silicon Valley behemoths exploit their content.

According to the report, Netflix and Walt Disney declined to license their content to the new companies. However, they expressed a desire to develop new forms of collaboration. It is still being determined what these partnerships are. Warner Bros Discovery, on the other hand, has apparently expressed its willingness to license individual shows for AI training, but not its entire content catalog.

Also Read:

It is believed that the recent incident with Hollywood actor Scarlett Johansson, in which she accused OpenAI of inventing a voice for ChatGPT that sounds remarkably similar to hers, led to Hollywood studios’ concerns.

- Advertisement -

More like this

How To Make A Call Using Gmail

How To Make A Call Using Gmail: Step by...

With Gmail now you can make quick calls. With the latest update to Gmail, Google now brings...

Related Articles

How To Make A Call Using Gmail
Tech

How To Make A Call Using Gmail: Step by Step Guide

With Gmail now you can make quick calls. With the latest update to Gmail, Google now brings the feature to allow its users to...
idp.alexa.51

IDP.alexa.51 Virus: What It Is & How to Remove It

IDP.alexa.51 detection is primarily associated with online games such as “SeaMonkey”, “Plants vs. Zombies” and others. The detected object is reported to originate from...
Meta

Meta AI Rolling Out in Europe With Limited Features

Finally, Meta AI is being introduced in European countries. Almost one and a half years after its first release, the company's artificial intelligence (AI)...
Free Images On Google Search

How To Find Free Images On Google Search That You Can Use

When you search for images on Google, all the images that turn up are not free to use. Thus you need to make sure...