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Myvox launches, allowing artists to clone, protect and monetise their voice
The first AI artist on Myvox is Dahlia, an AI voice model created by Iranian-Dutch artist Sevdaliza
Meta’s new AI tool, AudioCraft, creates music and sounds using text prompts
Meta released a new open-source AI code called AudioCraft that employs three models – AudioGen, EnCodec and MusicGen to generate realistic music and sound effects
8 of the best AI tools for music production
Want to use AI to your advantage as a musician? Check out these tools for music production
Goldman Sachs projects $92bn music industry revenue in 2023
Revenue from each audio stream, including both subscription-based and ad-supported content, has seen a 20% reduction since 2017
120,000 new tracks released on streaming services every day, report finds
The findings made by Luminate predict that 43 million new tracks will be on Spotify by the end of 2023
MusicLM, Google's AI tool for song generation unleashed for public testing
It has been trained on a dataset of five million audio clips, totaling a staggering 280,000 hours of music at 24 kHz
Spotify reinstates tracks from AI music generator following "fake stream" allegations
AI application Boomy has created over 14 million songs since 2019
Just 20% of creators make a living from dance music, despite industry growing by 34% in 2022
The IMS Business Report 2023 also revealed that bookings for women across the sector decreased in 2022