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Title: Major Music Labels Strike Deals With New AI Streaming Service

Link: https://entertainment.slashdot.org/story/25/1...

An anonymous reader quotes a report from Bloomberg: The world's largest music
companies have licensed their works to a music startup called Klay, which is
building a streaming service that will allow users to remake songs using
artificial intelligence tools. Klay is the first music AI service to reach a
deal with all three major record labels, Universal Music Group NV, Sony Music
and Warner Music Group Corp., according to people familiar with the deals.
Klay plans to announce its agreements in the coming days, said the people,
who asked not to be identified discussing confidential plans. Klay is
building a product that will offer the features of a streaming service like
Spotify, amplified by AI technology that will let users remake songs in
different styles. Klay has licensed the rights to thousands of hit songs so
that it can train its large language model. The company has positioned itself
as a friend of the industry, offering assurances that the artists and labels
will have some control over how their work is used. Klay is led by music
producer Ary Attie and also employs former executives from Sony Music and
Google's DeepMind, an AI laboratory.

Read more of this story at Slashdot.

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