A new heavyweight has entered the global AI music technology arena, and it's making waves. Chinese tech giant Kunlun Tech, boasting a market cap of 34.49 billion Chinese Yuan ($4.8 billion), has just launched what it calls "the world’s first AI-powered music streaming platform," Melodio.
Kunlun Tech, known as the parent company of Opera browser and the former owner of Grindr, commands a massive presence in the tech world with nearly 400 million monthly active users. Their reach spans across advanced AI, content distribution, the metaverse, social entertainment, and gaming. They were also an early investor in Musical.ly, the precursor to TikTok, showcasing their knack for spotting groundbreaking trends in the digital space.
Melodio is not your average music streaming service. This AI-driven platform offers personalized music streams tailored to users' specific moods and scenarios. Whether you're in the mood for "energetic music for a long drive" or "mellow tunes for morning coffee," Melodio promises to craft a unique music experience on the spot. Users can modify their prompts, switch between generated lyrics, and save or share their favorite moments, creating a truly dynamic and immersive listening journey.
But Kunlun Tech isn't stopping at just streaming. They've also launched Mureka, an AI music creation platform designed for both music enthusiasts and professional artists. Mureka empowers users to create, customize, and even monetize their AI-generated music. With the Mureka Store, artists can explore new business models in the AI-generated content (AIGC) space. The platform allows for detailed customization of music, letting users fine-tune everything from intros to outros, ensuring a seamless creative process.
Both Melodio and Mureka are powered by Kunlun’s proprietary AI Music Generation Large Language Model (LLM), SkyMusic 2.0. This groundbreaking model is touted as the first of its kind, capable of generating endless streams of music in specific styles with remarkable stability. Supporting 31 languages and capable of handling lyrics exceeding 500 words, SkyMusic 2.0 is setting new benchmarks in AI music generation.
The launch of these platforms represents a significant leap in the fusion of AI and human creativity. As AI continues to push the boundaries of what’s possible in music, Kunlun Tech is positioning itself at the forefront of this exciting evolution.
Music rightsholders and the broader industry will undoubtedly be keeping a close eye on Kunlun's moves, especially in light of recent legal challenges faced by other AI music startups. The implications for the future of music creation and consumption are profound.
For more information on Kunlun Tech's latest innovations, check out the original article on Music Business Worldwide.