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Rights management platform for generative AI raises $2.1 million in investment for “trailblazing” attribution model

MusicTech

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MusicTech

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  • CTW Publishers
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Musical AI, a rights management platform for generative AI, has raised $2.1 million (CAD) in initial investment to support its attribution model, said to be the first of its kind.

The investment is led by Build Ventures, one of Canada’s largest VC firms investing in startups, and select angel investors are also contributing. Rights holders such as Symphonic Distribution, Kanjian, and others are currently on board, and AI companies such as Beatoven are also signing on.

The post Rights management platform for generative AI raises $2.1 million in investment for “trailblazing” attribution model appeared first on MusicTech.

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