Alphabet Inc
They explored a partnership to develop a tool that allows fans to create AI-generated tracks and pay copyright owners legitimately, the Financial Times reports.
Warner Music Group Corp
The AI-generated songs trend resembles the early days of YouTube, when users added popular songs to their videos, leading to copyright battles and eventual agreements for compensation.
The growth of AI-generated music bred concerns among celebrities about the dilution of their work and voices by fake versions. Frank Sinatra, Johnny Cash, Drake, and The Weeknd had been victims of the technology.
Some artists, like Grimes, have embraced AI-generated music and offered their voices for AI tracks, splitting royalties.
Universal Music urged streaming platforms to prevent unauthorized AI services from using its songs. The company asked Spotify Technology S.A.
Google's interest in creating a music product with AI-generated songs aligns with its competition against Microsoft Corp
Google's previous preview of AI-powered music software-generated music from text descriptions and later released the experimental tool, MusicLM, in collaboration with artists.
Price Action: GOOG shares traded higher by 0.43% at $132.41 premarket on the last check Wednesday.