YouTube is reportedly in talks with record labels to license music for new artificial intelligence tools. This move is seen as a way for YouTube to enhance its music recommendation algorithms and improve the overall user experience. By incorporating licensed music into its AI tools, YouTube aims to provide users with more accurate and personalized music recommendations. This development comes as YouTube faces increasing competition in the music streaming industry, with platforms like Spotify and Apple Music dominating the market. The negotiations with record labels signal YouTube’s commitment to staying relevant in the music streaming space and attracting more users to its platform. Additionally, this move could potentially lead to new revenue streams for both YouTube and the record labels involved. Overall, YouTube’s efforts to license music for its AI tools demonstrate its dedication to improving its music streaming service and staying competitive in the market.
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Source link: https://www.theinformation.com/briefings/youtube-is-reportedly-in-talks-with-record-labels-to-license-music-for-new-ai-tools
YouTube in talks with record labels to license music #AItools.
Preeti
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