LimeWire Acquires BlueWillow to Expand Its Generative AI Capabilities in Content Creation

LimeWire, once infamous for music piracy, has pivoted into the world of content creation and recently announced its acquisition of BlueWillow, a popular generative AI image creation platform. BlueWillow has quickly gained traction, boasting a community of 2.5 million members on Discord and generating over 500 million images.

The acquisition aligns with LimeWire's ongoing efforts to diversify its business model. Initially relaunched as an NFT marketplace for music creators, LimeWire has since shifted its focus towards content creation.

The company has raised about $17.5 million through token sales and was valued at around $60 million earlier this year.

While the financial terms of the deal remain undisclosed, BlueWillow's team will not be part of the acquisition. Ritankar Das, the founder of BlueWillow, mentioned that the team plans to leave and work on a new AI venture that is still in stealth mode.

As LimeWire continues to evolve, the acquisition of BlueWillow marks a significant step in its journey to become a comprehensive platform for AI-driven content creation.

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