Inside Big Tech's underground race to buy AI training data

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Photobucket, once the world's top image-hosting site, is in talks with multiple tech companies to license its 13 billion photos and videos for training generative AI models. CEO Ted Leonard has discussed rates of between 5 cents and $1 per photo and more than $1 per video. Tech giants like Google, Meta, and Microsoft-backed OpenAI are quietly paying for content locked behind paywalls and login screens, giving rise to a hidden trade in everything from chat logs to personal photos. The opaque AI data market is estimated to be worth roughly $2.5 billion now and could grow close to $30 billion within a decade. Data brokers are emerging to secure rights to real-world content and build networks of short-term contract workers to produce custom visuals and voice samples. However, concerns are rising about the risk of personal data making its way into AI models without people's knowledge or explicit consent.

#Ai #TechCompanies #GenerativeAiModels #DataMarket #DataBrokers

https://finance.yahoo.com/news/inside-big-techs-underground-race-100603029.html