Aiode News
7 articles
You can create music in a press of a button- but is this just an amateur trick?
The article discusses Qualcomms acquisition of the Israeli company Autotalks for several hundred million dollars, marking a significant growth-positive move for Qualcomm. The acquisition is part of Qualcomms strategy to enhance its technological capabilities, particularly in the AI domain. Additionally, the article mentions layoffs at Playtika, with up to 100 employees being affected, nearly half of whom are based in Israel. The article also touches on various other topics, including the impact of AI on the music industry and the ongoing challenges faced by venture capital funds. Overall, the article highlights key developments in the tech industry, focusing on acquisitions and workforce changes.
Acquisition
Aiode joins Abbey Road’s incubator ahead of open beta launch
AI-music firm Aiode has joined Abbey Road REDD, the renowned studios startup incubator program. Aiode specializes in virtualising human musicians using AI to model their playing and compositional styles, allowing other artists to collaborate with these virtual versions. The company emphasizes ethical practices by involving original musicians in the process and ensuring they receive a fair share of the revenues. Aiode is part of the ethical AI cloning space, which includes other startups like Daaci and CreateSafe. Currently in a free closed beta, Aiode plans to open up later this year with subscription options. The company was also a winner in the Music Ally SI:X startups contest in 2024.
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אחרי שהתגברה על הפיראטיות, לתעשיית המוזיקה קם איום גדול אף יותר
The article discusses the impact of AI on the music industry, highlighting that AI-based music creation applications, such as the American company סונו, could potentially capture up to a quarter of the revenue from human producers and creators by 2028. While some startups, including Israeli ones, aim to empower musicians and simplify the creative process through AI, the industry faces significant challenges. It took over two decades for the music industry to recover to its late 1990s size, with global recorded music revenues peaking at $22.3 billion in 1999 before falling to $13 billion in 2014 due to declining physical sales and piracy. Revenues only returned to 1999 levels in 2021, thanks to streaming apps like Spotify.
ישראל על המפה: הסטארטאפ-אפ Aiode חוגג הישג ענק
The Israeli startup Aiode has won a major music-tech competition held annually in London, which will allow it to participate in a mentorship program with leading music technology companies such as Amazon Music, Red Bull Media, and Universal Music Group Digital Innovation. Aiode, founded by musicians, AI developers, music producers, and mathematicians, aims to enhance musical creativity through AI technology. The company has raised over $5 million, led by Horizon Capital, Atooro Fund, and Regah Ventures. Aiodes innovative AI models, known as virtual musicians, capture the essence of real musicians and integrate them into its proprietary AI technology. The competition, Music Ally SI:X 2024, featured companies showcasing cutting-edge music and audio technologies.
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And the winners of the 2024 Music Ally SI:X startups contest... Aiode
Music Ally has announced the winners of its 2024 SI:X startups contest, which showcases and supports early-stage music startups. The six winners include Aiode, Different Breed, Human Native AI, Maia Universe, Rescape Innovation, and SoundLabs AI. These startups are innovating in areas such as virtual musicians, ticket sales for disabled fans, AI content licensing, sync licensing, virtual-reality therapies, and AI vocal plug-ins. The winners will present at the Music Ally Connect conference in January and receive mentoring from Music Ally SI:X partners, including Amazon Music, Ascap Lab, Music Foundry, Red Bull Media House, Reed Smith, and Universal Music Group Digital Innovation.
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And the winners of the 2024 Music Ally SI:X startups contest... Aiode
Music Ally has announced the winners of its 2024 SI:X startups contest, a global showcase and mentorship support program for early-stage music startups. The six winners include Aiode, Different Breed, Human Native AI, Maia Universe, Rescape Innovation, and SoundLabs AI. These startups are innovating in areas such as virtual musicians, ticket sales for disabled fans, ethical AI content licensing, sync licensing, virtual-reality therapies, and AI vocal cloning. The winners will present at the Music Ally Connect conference in January and receive mentoring from partners including Amazon Music, Ascap Lab, Music Foundry, Red Bull Media House, Reed Smith, and Universal Music Group Digital Innovation.
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"Our technology allows an 18-year-old in Tel Aviv to play with Jimi Hendrix" | CTech
Aiode, a music startup, showcased its AI technology that creates virtual versions of musicians, enabling creators to produce music while ensuring original artists receive royalties. CEO Idan Dobrecki demonstrated the technology with Israeli musician Ivri Lider, highlighting how it democratizes access to top-tier musicians and saves time and costs in music production. The platform allows creators to collaborate with virtual musicians, offering full control over musical elements and providing a new creative force in the production process. The technology respects copyright laws and offers fair compensation to original musicians, making it a valuable tool for creators worldwide.
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