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Bria lands new funding for AI models trained on licensed data
Bria, an AI startup founded in 2023, has raised $40 million in Series B funding to develop image generators trained on licensed data from partners like Getty Images. This approach seeks to mitigate copyright issues and biases in AI-generated content, offering customized solutions for businesses. Despite tech industry challenges, Bria has shown rapid growth and aims to expand into other media types.
Key points
- Bria uses licensed data to train its AI models, differing from competitors who use publicly scraped data.
- The company has raised $40 million in Series B funding, totaling $65 million to date.
- Bria's models aim to reflect diversity and reduce biases in AI-generated visuals.
- Customers can customize models and own data outputs, which enhances user engagement.
- Despite macroeconomic pressures, Bria demonstrated over 400% annual revenue growth last year.
Why it matters
- The move toward licensed data comes at a time when many AI firms face copyright lawsuits.
- Current trends show a shift in the AI landscape focusing on ethical considerations in data usage.
- Technological advancements and company strategies by Adobe and Shutterstock emphasize the importance of licensed media.
Bria's innovative licensing model and significant funding highlight a promising shift towards ethical AI development in the media space, positioning the company for continued success despite ongoing industry challenges.