UMG, Warner Music & Sony Music have invested in an AI startup, which will build new generative AI models 💔
“The investment follows deals to build new AI models using the companies’ respective collection of catalogues and intellectual property.”
“This is an affirmation of our vision where generative AI empowers every producer, musician and storyteller.”
“Stability AI is building creative tools, and doing it alongside the artists, studios, and rights holders whose work defines the field.” (Via Variety)