Stability AI gets into the video generating game

AI startups that aren’t OpenAI are plugging away this week, it’d seem — sticking to their product roadmaps even as coverage of the chaos at OpenAI dominates the airwaves. See: Stability AI, which this afternoon announced Stable Video Diffusion, an AI model that generates videos by animating existing images. Based on Stability’s existing Stable Diffusion text-to-image…

Spotify says its upcoming royalty model changes will generate $1B for artists over five years

Spotify’s upcoming royalty model changes will generate $1 billion in five years for new and popular artists, the streaming service announced on Tuesday. As previously reported, Spotify is changing its royalty system to direct more money to popular artists and record labels, while raising the minimum payment threshold for music streaming on the platform and tackling…