Group 1 - NetEase Cloud Music (09899) saw a significant increase in stock price, rising over 7% and currently trading at 204.4 HKD with a transaction volume of 1.87 million HKD [1] - The company has launched a new feature called "AI Songwriting" on its NetEase Tianyin platform, aimed at lowering the barriers to music creation through artificial intelligence [1] - This feature allows users, particularly musicians and deep users, to generate complete songs by inputting inspirational phrases via the mobile app [1] Group 2 - According to a report by Research and Markets, the market value of generative AI in the global music industry is projected to reach 419.85 million USD in 2024, with a remarkable annual growth rate of 53.34% [1] - The report forecasts that the AI value in the global music market will soar to 4.3 billion USD by 2029 and reach 22.57 billion USD by 2034, indicating a promising market outlook [1]
网易云音乐午前涨超7% 近日旗下网易天音平台正式开启“AI写歌“功能内测