... CAA and Futureverse will work collaboratively to create new opportunities for talent and IP, spanning web3, the metaverse, virtual games, worlds and experiences, AI, and beyond. ..
The announcement arrives on the heels of Futureverse’s launch of JEN 1, an unprecedented universal high-fidelity model for text-to-music generation and extensive research paper that presents an efficient approach and an unparalleled model that exceeds those previously released by Google and Facebook. Futureverse’s JEN 1 offers a promising strategy to pioneer a new licensing framework that compensates both rights holders, producers, and artists....
See the full story here: https://deadline.com/2023/11/futureverse-artificial-intelligence-technology-signs-caa-1235612854/