Sean Parker rebuilds Stability AI around music: a studio for musicians with catalogs from three major labels
Prepared by Sintelligent with the help of SI. Publication time restored from the build log. . Updated: .
SI music is becoming a legal craft rather than a gray area: labels are handing over catalogs themselves, and a musician will be able to hum an idea and get a finished arrangement.
Napster co-founder Sean Parker, who joined the $80 million rescue of Stability AI two years ago, is turning the company into a tool for music professionals together with CEO Prem Akkaraju. In late August Stability raised $76 million, including from Sony, Warner and Universal, which licensed their catalogs for training. The company has already released three audio models and a music editor: it builds instrumental tracks or fragments from text, and its next update will let users set a melody by humming or a rhythm by beatboxing. Parker admitted that the "move fast and ask forgiveness later" approach did not work. A retelling of a TechCrunch piece.
Sources 1