SunThe AI -music company currently in a legal battle with record labels, announced on Thursday the acquisition of Wavtoolbrowser-based AI Digital Audio Station (DAW). This acquisition aims to improve the editorial skills of Sun for songwriters and producers.
Wavtool, launched in 2023, offers several tools to musicians, such as STEM DISTRIBUTION, AI -Ado -generation and AI -music assistant. Sun will integrate Wavtool’s technology into its new Editing interfacewho launched this month.
The terms of the agreement were not disclosed. A company spokesman noted that “most of Wavtool employees relocated to the Sun Product and Engineering Teams, although the correct number of those who did not make the movement were not revealed.
The acquisition comes on the heels of yet another complaint against the company. Country musician Tony Justice and his music label, 5th Wheel Records, performed a lawsuit against Sun earlier this month, advocating that Sun used copyright sound recordings to train their AI music generator.
This charge is similar to processes Registered last year by Universal Music Group, Warner Music Group, and Sony Music Entertainment Against Sun due to copyright violation. According to Bloomberg, the main record labels are in License talks with sun.
Sun acquired Wavtool a few months ago, with Daw’s browser going offline in November. Timing the ad for this week seems intended, possibly intended to divert attention from the complaint. Legal disputes often shake the confidence of investors, so the announcement of this acquisition can serve as a way to calm them down that the company remains committed to growth.
The AI -Equipment secured $ 125 million in funding this -passed May.
