TikTok Parent May Have Bought AI Music Start-Up Jukedeck
London: Beijing-based ByteDance, which owns popular short video-sharing app TikTok, may have acquired UK-based Artificial Intelligence (AI)-powered music startup Jukedeck, the media reported. Jukedeck has developed a tool that could automatically generate music and then allow users to adjust the length, tempo, and where it climaxed, The Verge reported on Tuesday.
TikTok users often embed music creatively in their videos and the tool provided by Jukedeck could offer them greater creative control. “It could also help TikTok avoid some big monetary and licensing issues: the app has to pay for all that music, so the more royalty-free tracks people are using, the less the app has to worry about record labels,” said the report. While neither Jukedeck, nor ByteDance has confirmed the deal, LinkedIn profiles of Jukedeck CEO, as well as several of its employees, list them as employees of ByteDance. (IANS)