Labour's AI plans will pull the rug from under a multi-billion pound industry
The government's consultation on changing the UK's gold standard copyright laws to make it easier for AI companies to use British creative content – our books, photographs, music, journalism, films, and more – without permission or payment has now ended.
The Creative Rights in AI Coalition has been set up to collectively call for the government to 'make it fair' and protect copyright, by providing control for creators across the UK's vibrant creative industries in how their content is used and transparency from the AI companies using it. This is the only way to drive long term growth across the UK for both the creative and tech sectors.
The UK's unique status as the home of world-leading creative and tech sectors puts us in pole position to lead the way globally in the age of AI. However, advances in generative AI are entirely reliant on the use of high-quality, human-created creative works as training material. It is the essential fuel of the AI products we see and use today. There is a huge potential market for licensing the content produced by the UK's creators that our country could take the lead in. But this will only happen if copyright holders have proper control of their content and fair payment for its use.
Yet the government's consultation proposes to weaken copyright law and stymie the development of this market, sweeping the rug from under the creative industries that generate £126 billion for the UK economy and build our soft power abroad. Without fair payment, high-quality creative content will become harder to make and this will also see generative AI innovation stall too, going against the government's own ambitions for growth in this sector.
Much has been said by the government about the 'uncertainty' surrounding UK copyright law, but the existing law is clear: text and data mining – the method used to train generative AI models – is not allowed for commercial purposes without a licence. The only uncertainty is around which works have already been used as training material without a license.
We at the Creative Rights in AI Coalition urge the government to enforce existing copyright law with meaningful transparency. This approach will help drive a dynamic and voluntary commercial licensing market by preserving and upholding our copyright framework giving creatives exclusive control on how their work is used. Transparency will enable those in the creative industries to hold AI firms accountable, incentivising tech firms to comply with the law and fostering a mutually beneficial partnership.
These solutions are clearly possible. MPs are currently debating measures introduced by Baroness Kidron to the Data Bill. These include robust transparency measures to make existing copyright law enforceable, rather than such transparency being offered as a 'trade-off' for the removal of copyright protections the government proposes.
Full control for copyright holders – with robust protections for copyright and greater transparency – is the only route which will allow us to continue producing the creative works that generative AI firms could then access through licensing. This would make a fair ecosystem which rewards and incentivises creativity whilst supporting AI innovation.
This is not only essential for the growth of the UK's world-leading creative sector, but also the next generation of British creative talent. We invite the government and the tech sector to partner with us in shaping a future that prioritises, safeguards, and enhances the role of human creativity in AI.
Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
25 minutes ago
- Yahoo
Veteran fund manager reboots Palantir stock price target
Veteran fund manager reboots Palantir stock price target originally appeared on TheStreet. There's been a lot of debate surrounding artificial intelligence stocks this year. A boom in AI spending, particularly by hyperscalers ramping infrastructure to meet surging research and development of chatbots and agentic AI, led to eye-popping returns for companies like Palantir Technologies, which markets data analytics platforms. However, concern that spending could decelerate has picked up in 2025 because of worry over a tariffs-driven recession, causing many AI stocks like chip-maker Nvidia to the eventual impact of tariffs on recession remains a question mark, there's been little to suggest demand for Palantir's services is slipping. Solid first-quarter earnings results and optimism that trade deals could make tariffs manageable have helped Palantir shares rally 63% this year after a 340% surge in 2024. Palantir's resiliency isn't lost on long-time money manager Chris Versace. Versace, who first picked up shares last year, recently updated his price target as Palantir's stock challenges all-time highs. Investors' interest in Palantir stock swelled after OpenAI's ChatGPT became the fastest app to reach one million users when it was launched in December 2022. ChatGPT's success has spawned the development of rival large language models, including Google's Gemini, and a wave of interest in agentic AI programs that can augment, and in some cases, replace traditional activity is widespread across most industries. Banks are using AI to hedge risks, evaluate loans, and price products. Drugmakers are researching AI's ability to predict drug targets and improve clinical trial outcomes. Manufacturers are using it to boost production and quality. Retailers are using it to forecast demand, manage inventories, and curb theft. The U.S. military is even seeing if AI can be effective on the battlefield. The seemingly boundless use cases — and the ability to profit from them — have many companies and governments turning to Palantir's deep expertise in managing and protecting data to train and run new AI apps. Palantir got its start helping the U.S. government build counterterrorism systems. Its Gotham platform still assists governments in those efforts today. It also markets its Foundry platform to manage, interpret, and report data to large companies across enterprise and cloud networks. And its AI platform (AIP) is sold as a tool for developing AI chatbots and apps. Demand for that platform has been big. In the fourth quarter, Palantir closed a "record-setting number of deals," according to CEO Alex Karp. The momentum continued into the first quarter. Revenue rose 39% year-over year to $884 million. Meanwhile, Palantir's profit has continued to improve as sales have grown. In Q1, its net income was $214 million, translating into adjusted earnings per share of 13 cents. "Our revenue soared 55% year-over-year, while our U.S. commercial revenue expanded 71% year-over-year in the first quarter to surpass a one-billion-dollar annual run rate,' said Karp in Palantir's first-quarter earnings release. 'We are delivering the operating system for the modern enterprise in the era of AI." AI's rapid rise has opened Palantir's products to an increasingly new range of industries, allowing it to diversify its customer base. For example, Bolt Financial, an online checkout platform, recently partnered with Palantir to use AI tools to analyze customer behavior better. More Palantir: Palantir gets great news from the Pentagon Wall Street veteran doubles down on Palantir Palantir bull sends message after CEO joins Trump for Saudi visit The potential to ink more deals like this has caught portfolio manager Chris Versace's attention. "The result [of the Bolt deal] will be technology that can offer shoppers a customized checkout experience, embedded within retailers' sites and apps, and it is one that will extend to agentic checkout as well," wrote Versace on TheStreet Pro. "We see this as the latest expansion by Palantir into the commercial space, and we are likely to see more of this as AI flows through payment processing and digital shopping applications." Alongside Palantir's deeply embedded government contracts, growing relationships with enterprises should provide Palantir with cross-selling opportunities, further driving sales and profit growth, allowing for increased financial guidance. Palantir is guiding for full-year sales growth of 36%, and U.S. commercial revenue growth of 68%. The chances for Palantir growth to continue accelerating has Versace increasingly optimistic about its shares. As a result, he's increased his price target to $140 per share from $ fund manager reboots Palantir stock price target first appeared on TheStreet on Jun 8, 2025 This story was originally reported by TheStreet on Jun 8, 2025, where it first appeared. Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
Applied Digital (NasdaqGS:APLD) Reports $200 Million Follow-On Equity Offering
Applied Digital recently announced substantial strategic moves, including entering two significant lease agreements with CoreWeave, an AI hyperscaler, and launching a $200 million follow-on equity offering. These developments contributed to the company's remarkable share price increase of 145% over the past month. The robust lease agreements, anticipated to generate approximately $7 billion in revenue over 15 years, underscore the company's growing presence in the AI data center space. These announcements align with broader stock market gains, where major indices posted positive trends amid solid economic data and easing tariff concerns. Every company has risks, and we've spotted 2 risks for Applied Digital (of which 1 is potentially serious!) you should know about. Outshine the giants: these 25 early-stage AI stocks could fund your retirement. The recent strategic moves by Applied Digital, including significant leases and a $200 million equity offering, have profoundly influenced the company narrative. Such measures are anticipated to drive revenue growth significantly and enhance the company's presence in the AI data center market. The long-term lease agreements with CoreWeave are substantial, potentially providing a stable revenue stream of approximately $7 billion over 15 years. Over the past five years, Applied Digital's total return has been very large, showcasing incredible growth relative to its latest 145% increase within just a month. Over the last year, the company has outperformed the US IT industry, which returned 37.2%, reflecting a strong yearly performance. The recent news, alongside strategic partnerships and funding arrangements, paints a positive picture for future revenue, which analysts expect to grow by 38.4% annually over the next three years. However, challenges such as transitioning to new business models and high debt levels could impact the pace of earnings improvement. Currently, Applied Digital trades at a discount to the analyst consensus price target of US$9.94, indicating potential room for growth should these initiatives prove successful. Assess Applied Digital's previous results with our detailed historical performance reports. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:APLD. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
AI skills drive in schools to ‘put power in hands of next generation'
Secondary school pupils will be taught skills in artificial intelligence (AI) as part of a drive to put the technological power 'into the hands of the next generation', Sir Keir Starmer will announce. Some on million students will be given access to learning resources to start equipping them for 'the tech careers of the future' as part of the Government's £187 million 'TechFirst' scheme, Downing Street said. Meanwhile, staff at firms across the country will be trained to 'use and interact' with chatbots and large language models as part of a plan backed by Google and Microsoft to train 7.5 million workers in AI skills by 2030. The TechFirst programme will be split into four strands, with TechYouth – the £24 million 'flagship' arm – aimed at giving students across every secondary school in the UK the chance to gain new AI skills training over three years. The other strands are: – TechGrad, backed by £96.8 million in funding and designed to support 1,000 domestic students a year with undergraduate scholarships in areas such as AI and computer science. – A £48.4 million TechExpert scheme aiming to give up to £10,000 in additional funding to 500 domestic PhD students carrying out research in tech. – TechLocal, backed by £18 million, will offer seed funding to small businesses developing new tech products and adopting AI. The Prime Minister is also launching a new Government partnership with industry to train 7.5 million UK workers in essential skills to use AI by 2030. Tech giants including Google, Microsoft, IBM, Nvidia, BT and Amazon have signed up to make 'high-quality' training materials widely available to workers free of charge over the next five years, Number 10 said. It comes as research commissioned by the Department for Science, Innovation and Technology (DSIT) showed that by 2035, AI will play a part in the roles and responsibilities of around 10 million workers. The Prime Minister said: 'We are putting the power of AI into the hands of the next generation – so they can shape the future, not be shaped by it. 'This training programme will unlock opportunity in every classroom – and lays the foundations for a new era of growth. 'Too many children from working families like the one I grew up in are written off. I am determined to end that.' Sir Keir hosted a private reception at Chequers on Sunday with leading technology bosses and investors, including former Google chief executive Eric Schmidt, Faculty AI co-founder Angie Ma, Google DeepMind chief Demis Hassabis and Scale boss Alex Wang. On Tuesday, he will invite industry figures to Downing Street, including 16-year-old AI entrepreneur Toby Brown, who recently secured 1 million dollars in Silicon Valley funding for his startup, Beem.