Klay Vision Partners with Universal Music Group to Develop Ethical AI Music Model
Oct 29, 2024•9 months ago
Contract Type
partnership
Description
Klay Vision, a Los Angeles-based AI music company, announced a partnership with Universal Music Group to develop a commercial ethical foundational model for AI-generated music, aiming to work in collaboration with the music industry and its creators.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months