Artificial intelligence

The acquisition advances WMG's mission to ensure that artists, songwriters, and rightsholders benefit wherever and whenever their work is referenced in AI-generated works or in the training of AI models.

It was previously reported that OpenAI could target a valuation of up to $1 trillion in a public debut.

Freyda is a provider of AI-driven document intelligence technology for institutional limited partners and fund administrators.

The initiative includes the appointments of Max Delahanty as director of AI and data science and Wade Lowder as managing director of technology.

SewerAI is an artificial intelligence platform focused on sewer and underground infrastructure intelligence.