April 19, 2024
LimeWire Acquires BlueWillowAI to Expand into Generative AI Market

LimeWire Acquires BlueWillowAI to Expand into Generative AI Market

The popular AI image-generating tool BlueWillowAI has been acquired by LimeWire, widely recognized as a peer-to-peer music-sharing platform. The agreement comes after LimeWire’s last month’s debut of LimeWire AI Studio, which marked the beginning of the company’s foray into the expanding generative AI market.

BlueWillow, which launched in January, claims to have more than 2.3 million active users and more than 500 million photographs produced already this year. According to LimeWire, it intends to include the exclusive text-to-image and image-to-image AI models from BlueWillow into its AI Studio.

“Generative AI allows us to take the next evolutionary step with LimeWire: allowing anyone to become a creator,” LimeWire’s Co-CEO Julian Zehetmayr stated.  “The acquisition of BlueWillow and the integration of its AI capabilities will help shape the future of content creation and creativity.”

She further added, “By incorporating AI-driven image generation, we are providing anyone with the tools to enable them to unleash their creative potential and also democratize the digital creative space.”

The most current technique employed by LimeWire to revitalize the venerable brand is this shift toward artificial intelligence. With support from Steve Aoki and Deadmau5, LimeWire reemerged as an NFT marketplace last year before switching to AI last month.

“We are leveraging BlueWillow’s advanced AI capabilities, which are already established as a leading force in the AI content generation sphere,” Zehetmayr stated. “BlueWillow version 4 is the default model in the LimeWire AI studio, and we are already working on a version 5 update.”

Marcus Feistl, COO of LimeWire, stressed the value of AI in enhancing rather than supplanting human ingenuity.

“AI’s main strength in music creation is enhancing the creative process and making it easier,” Feistl previously stated. “It’s not going to replace any one thing, though.”

Musicians including Grimes, Weezer’s Rivers Cuomo, Pharrell Williams, and Will. I.Am have experimented with AI to help produce new music, digital avatars, videos, and art as a result of the rapid advancements in AI following the debut of OpenAI’s ChatGPT in November.

“I don’t think AI is ever going to replace the artist,” Feistl added. “And we’re only talking about the digital side of music anyway,” Feistl stated. “We will never be able to replace real-world experiences like live concerts.”

Even though AI is becoming more commonplace every day, there is still a lot of public anxiety that technology will eventually replace people in the workforce. According to a Pew Research survey of 11,004 U.S. adults, 32% of respondents think that using AI for hiring and job evaluations could hurt the labour market.

LimeWire is positive about the creation of art, nevertheless.

“The LimeWire AI Studio already provides access to multiple other state-of-the-art AI models, including Stable Diffusion XL and DALL-E 2. We will continue to add new models in the future, ensuring content creators have the right tools at hand that cater to their content creation needs now and moving forward.” Zehetmayr concluded.

Image: Unsplash

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