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LimeWire, the reborn former file-sharing platform now targeted on synthetic intelligence-powered content material creation, has forayed into AI music creation with the introduction of its AI Music Studio.
LimeWire’s August launch of its LimeWire AI Studio, in partnership with Polygon Labs, paved the way in which for customers to create AI-generated pictures. On the time, the corporate hinted at launching music and video capabilities later within the 12 months.
4 months later, LimeWire has lifted the curtains on the LimeWire AI Music Studio, which can enable customers to create “absolutely ownable AI-generated tracks.”
LimeWire says the event marks its “second important funding” towards bolstering its AI choices and follows its acquisition of AI picture generator platform BlueWillow in September.
The corporate stated that, much like its acquisition of BlueWillow, the AI Music Studio integrates the prevailing AI Studio interface with superior generative AI know-how.
“The launch of LimeWire AI Music Studio represents a groundbreaking technological milestone, symbolizing not solely a stride ahead in our pursuit of innovation however a profound dedication to fostering creativity throughout the dynamic panorama of contemporary content material creation,” stated Paul Zehetmayr, co-CEO of LimeWire.
“As music continues to evolve, so does our dedication to offering aspiring musicians with cutting-edge instruments that empower and amplify their inventive expression.”
Paul Zehetmayr, Limewire
“As music continues to evolve, so does our dedication to offering aspiring musicians with cutting-edge instruments that empower and amplify their inventive expression.”
Via LimeWire AI Music Studio, customers will be capable of generate full-length tracks, create cowl pictures for his or her work, and publish all of them on a single platform. Moreover, it integrates open-source AI applied sciences, permitting customers to take care of possession of their created music, not like opponents who solely present creation capabilities with out possession rights or depend upon Discord communities and complicated prompts, LimeWire stated.
The corporate says it makes use of blockchain know-how and its native platform foreign money token, LMWR, to make AI-generated content material ownable and tradeable, permitting creators to monetize their content material as a part of the LimeWire ad-revenue share program. LimeWire says it hosts a neighborhood of over 2 million creators who’ve designed greater than 500 million AI-generated content material items.
The debut of LimeWire AI Music Studio accelerates the corporate’s complete product improvement plan, because it goals to launch a fully-fledged AI-enabled audio workstation in 2024. LimeWire says it envisions a future the place anybody can develop into a music artist, producing tracks from beats and melodies to lyrics and editable singing voices.
“Our platform is designed to interrupt down limitations, permitting aspiring musicians and creators to unleash their potential with the facility of AI.”
Julian Zehetmayr, Limewire
“Our platform is designed to interrupt down limitations, permitting aspiring musicians and creators to unleash their potential with the facility of AI. As we enterprise into the way forward for music, it’s our agency perception that AI know-how needs to be a catalyst for inclusivity, empowering aspiring musicians from all walks of life,” Zehetmayr stated.
“By offering accessible AI instruments, we purpose to degree the taking part in area, making certain that conventional useful resource constraints now not hinder the inventive journey.”
LimeWire has fashioned strategic partnerships with Algorand, Polygon, Google Cloud and Universal Music Group, partnering with UMG artists to launch music-based NFT initiatives utilizing the LimeWire market.
In Might, LimeWire announced that it had raised USD $17.5 million in a number of rounds of funding by way of the sale of LMWR tokens, exceeding its $15 million funding goal and inching nearer to its $30 million fundraising restrict.
LimeWire started in 2000 as a bootleg music file-sharing platform, earlier than being sued by quite a few rightsholders. It relaunched final 12 months as an NFT market, and launched a brand new subscription service for creators and types, not simply musicians, earlier this 12 months.
Music Enterprise Worldwide
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