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Kuke and Jidou Join Forces in the AI Music Market
Kuke MusicKuke Music(US:KUKE) GlobeNewswire News Roomยท2024-06-14 12:20

Core Viewpoint - Kuke Music Holding Limited is entering the AI music field and integrating its technology into automobiles, aiming to enhance user experience through innovative music services [1][3]. Group 1: Company Overview - Kuke is a leading classical music service platform in China, offering approximately 3 million audio and video music tracks and collaborating with Naxos, the largest independent classical music content provider [4]. - The company provides scalable classical music licensing services and subscription services to over 800 institutions across China, and has hosted the Beijing Music Festival for 24 consecutive years [4]. Group 2: AI Music Development - Kuke has formed a dedicated team to develop AI music-related features, which will be launched on its and partners' apps [1]. - The company signed an "Application Market Cooperation Agreement" with Shanghai Jidou Science and Technology Co., Ltd. to launch its AI music application in Jidou's car application store [2]. - Senior management believes that AI technology will create new opportunities in the music industry and car networking services, with plans for continued investment in AI music technology [3]. Group 3: Partnership with Jidou - Jidou is a leading provider of intelligent automotive software and services, collaborating with major car manufacturers [2]. - The partnership aims to enrich the application ecosystem of Jidou's automotive cockpit software platform by utilizing Kuke's AI technology for personalized music services [3]. - This cooperation is seen as a significant breakthrough in technological innovation and user experience enhancement for both companies [3].