ElevenLabs Partners with Universal Music Group on AI Music Platform and Artist Tools
about 18 hours ago
Image via musicbusinessworldwide.com
ElevenLabs, the AI audio company valued at $11 billion, has struck a global partnership with Universal Music Group to launch an AI-powered music platform aimed at fans. The two companies will also jointly develop AI audio products tailored for artists and songwriters.
The deal marks a significant convergence between a leading AI audio infrastructure company and the world's largest music label, signaling growing industry appetite for licensed, artist-focused AI music tools rather than the more legally contested generative music platforms that have drawn copyright scrutiny.