Major music labels, including Universal Music Group, Sony Music, and Warner Music Group, have reportedly reached agreements with Klay, a new AI music streaming service. This makes Klay the first AI service to secure deals with all three major record labels.
Klay is developing a streaming platform similar to Spotify but enhanced with AI technology. This technology will enable users to remix and reimagine songs in various styles. The service has licensed rights to a vast library of hit songs to train its large language model.
Klay is positioning itself as a partner to the music industry, promising artists and labels control over how their work is used within the platform. The company is led by music producer Ary Attie and includes former executives from Sony Music and Google's DeepMind.
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