"Google And Universal Music Negotiate Deal Over AI 'Deepfakes'" - Financial Times
Portfolio Pulse from Happy Mohamed
Google, a subsidiary of Alphabet Inc., is in negotiations with Universal Music over a deal concerning AI 'deepfakes'. The deal aims to use AI technology to create new forms of music and entertainment.
August 08, 2023 | 6:10 pm
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POSITIVE IMPACT
Google's potential partnership with Universal Music over AI 'deepfakes' could lead to innovative music and entertainment products, potentially boosting Google's market position.
The deal, if successful, could lead to the creation of new products and services that could enhance Google's portfolio and potentially increase its market share in the music and entertainment industry. This could positively impact Google's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Alphabet Inc., Google's parent company, could see a potential boost in its stock price if the deal with Universal Music over AI 'deepfakes' is successful.
As Google's parent company, Alphabet Inc. could benefit from the potential success of the deal. The creation of innovative products and services could increase Google's market share, which could positively impact Alphabet's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 75