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16.02.26 - 09:42
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TikTok creator ByteDance vows to curb AI video tool after Disney threat (The Guardian)
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Videos created by new Seedance 2.0 generator go viral, including one of Tom Cruise and Brad Pitt fightingBusiness live – latest updatesByteDance, the Chinese technology company behind TikTok, has said it will restrain its AI video-making tool, after threats of legal action from Disney and a backlash from other media businesses, according to reports.The AI video generator Seedance 2.0, released last week, has spooked Hollywood as users create realistic clips of movie stars and superheroes with just a short text prompt. Continue reading......
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15.02.26 - 10:12
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ByteDance AI video tool Seedance accused by Disney of copyright ′smash and grab′ (SCMP)
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ByteDance's latest video generation model Seedance 2.0 has blown people away for its ability to rapidly generate lifelike videos, but is also receiving blowback globally for alleged intellectual property (IP) violations.
The controversy focuses on TikTok-owner ByteDance's alleged use of copyrighted content to train its artificial intelligence model, as videos of Hollywood celebrities, Disney characters and comic book heroes generated by Seedance have flooded the web in recent days.
On Saturday,......
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15.02.26 - 00:21
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"Billion Dollar Movie In One Prompt": AI Disruption Crosshairs Hone In On Hollywood Studios (ZeroHedge)
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"Billion Dollar Movie In One Prompt": AI Disruption Crosshairs Hone In On Hollywood Studios
AI-driven equity disruption was everywhere this past week, spreading like wildfire beyond software into insurance, commercial real estate, financials, shipping, wealth management, and likely many more industries in the coming trading sessions.
One industry in the crosshairs of AI disruption is Hollywood. Some of the publicly traded studios include The Walt Disney Company, Warner Bros. Discovery, Paramount Global, Sony Group Corporation, Netflix, Lionsgate, and others.
On Friday, Axios reported that the Walt Disney Company sent a cease-and-desist letter to ByteDance, alleging that the Chinese tech firm has been infringing on its films to develop Seedance 2.0 without compensation.
Disney's outside attorney, David Singer, wrote a letter to ByteDance global general counsel John Rogovin, accusing the AI company of "pre-packaging its Seedance service with a pirated library of Disney's copyri...
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