Summary: Major music labels have licensed their catalogs to Klay, an AI-powered music streaming startup that allows users to remake songs. Klay is the first AI music service to secure deals with all three major labels and will give artists and labels control over their works.

Link: https://www.channelnewsasia.com/business/major-music-labels-strike-licensing-deals-ai-streaming-startup-klay-bloomberg-news-reports-5478711