May 13, 05:35 PM

Start-Ups Like Pip Labs, ProRata Raise $215 Million to Support Artists in $67 Billion AI Copyright Market

Start-ups specializing in content licensing and data marketplaces have attracted over $215 million in investment since 2022, supporting artists and intellectual property holders in negotiating copyright deals with artificial intelligence (AI) companies. Companies such as Pip Labs and ProRata are at the forefront of this trend, facilitating the sale of content for AI training purposes. The intellectual property (IP) licensing economy is projected to grow substantially, with a market forecast of $67 billion. Industry leaders emphasize that these start-ups provide a practical alternative to legislative changes, offering solutions preferred by both AI developers and IP owners.

#Pip Labs #ProRata

Written with ChatGPT (GPT-4).

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Story@StoryProtocol
1 year ago
The IP licensing economy is exploding: $215M+ invested, $67B market forecast. "Instead of trying to spend a ton of time changing the law, we’re showing a better solution that both AI companies and IP holders would rather use.” – @jasonjzhao in Financial Times @FT ↴
Valor Econômico@valoreconomico
1 year ago
Startup de IA com foco em direito autoral tem aporte de investidor https://t.co/CZGwldKelt
Nordic AI Institute@nordicinst
1 year ago
Financial Times @ft: Investors back start-ups aiding copyright deals to AI groups - Financial Times. #aistrategy #aiact #AI https://t.co/YqTGHlBzaQ

Start-Ups Like Pip Labs, ProRata Raise $215 Million to Support Artists in $67 Billion AI Copyright Market

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