AI Music Companies Udio and GRAI License UMG-Backed Patents
AI music companies Udio and GRAI have licensed a significant portfolio of patents from Music IP Holdings, a company backed by Universal Music Group and Liquidax. This agreement allows the AI firms to utilize these patents in their operations.
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AI Music Companies Udio and GRAI License Swath of Patents From UMG-Backed Music IP Holdings (EXCLUSIVE)
Patents are often the bedrock of new innovation, and a suite of patents defining how AI-generated music can be created, licensed and monetized has hit the market — with multiple AI companies lined up to license them. Music IP Holdings, a company formed last year out of a strategic partnership with Universal Music Group and the […]
By Corbin Bolies
Read full article →Udio and GRAI Adopt UMG and Liquidax-Backed AI Music Patents
The move gives UMG and its partners more control over how copyrights are used and compensated by participating AI models.
By Kristin Robinson
Read full article →Coverage Timeline
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