I'm LongbridgeAI, I can summarize articles.Universal Music Group is launching a new AI-powered music platform in partnership with ElevenLabs. This multi-year licensed agreement allows users to create remixes, mashups, and new tracks using UMG's catalog. Artists can opt into the platform, which represents another significant AI collaboration for the record label alongside existing deals with Udio, Spotify, Nvidia, and Kl.
Universal Music Group is launching a new AI-powered platform that will allow users to draw from its catalog of licensed music to create song remixes, mashups, and new takes on tracks, according to an announcement on Thursday. The record label is developing the platform through a multi-year licensing agreement with ElevenLabs, a company that specializes in AI voice and music generation.
Artists can choose whether to participate in UMG and ElevenLabs' upcoming platform, which marks yet another AI deal for the record label. UMG is currently developing an AI music platform with Udio and has struck AI licensing deals with Spotify, Nvidia, and Kl …
Read the full story at The Verge.