GD Culture Group’s Portfolio Company DigiTrax Unveils New AI Music Training Model License for Publishers, Composers, Producers, and Beatmakers
01 Dezembro 2023 - 10:00AM
GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC), a
Nevada holding company conducting business through its subsidiary
AI Catalysis Corp. (“AI Catalysis”), today announced that its
portfolio company, DigiTrax Entertainment, Inc., (“DigiTrax”), a
music company at the forefront of transforming the music industry
by pioneering the use of artificial intelligence (AI) solutions,
unveiled new AI Music Training Model License offered in its
patented AI platform KR38R LAB’s Artist and Label Services. This
license is exclusively available to music publishers, composers,
producers, and beatmakers.
The AI Music Training Model License unlocks
innovative AI-driven creative possibilities. Grounded in DigiTrax’s
seven patented AI-powered music composition technologies and solid
music theory foundations, KR38R LAB utilizes abstract music theory
data extracted from composition analysis to generate music theory
data block templates that encapsulate each composer’s unique style.
Once an agreement is signed between DigiTrax and artists, the
'Artist Authorized' AI Training Template is generated by KR38R LAB
under this license. These templates serve as foundational elements
for music creation, allowing new music creators to remix and
utilize them in KR38R PRO or other production tools, fostering
diverse sonic landscapes. The authorized templates are accessible
for purchase as downloadable content (DLC) through StudioPacks,
SoundPacks, and MixPacks via the KR38R Marketplace.
The AI Training Model License framework aims to
empower artists by enhancing their compatibility with the AI
technology. DigiTrax AI technology transcends traditional neural
network approaches to uphold copyright standards, and enable
artists to monetize their works. Original composers are entitled to
a 50% pro-rata publishing share in the ownership of the resulting
intellectual properties.
Mr. Xiaojian Wang, Chairman and Chief Executive
Officer of the Company expressed, “The launch of KR38R LAB
underscores GDC’s ongoing commitment to advancing AI technology and
its practical applications. We recognize that AI plays a major role
in shaping the digital future and are dedicated to pioneering in
this evolving field. Our goal is to contribute to the industry by
creating solutions that are both innovative and applicable in
real-world scenarios. We strive to make AI technology relevant and
beneficial to stakeholders across various industries, while
creating value for our shareholders.”
About GD Culture Group
Limited
GD Culture Group Limited (the “Company”)
(Nasdaq: GDC), is a Nevada holding company currently conducting
business through its subsidiaries, AI Catalysis Corp. (“AI
Catalysis”). The company plans to enter into the livestreaming
market with focus on e-commerce and livestreaming interactive games
through its wholly owned U.S. subsidiary, AI Catalysis, a Nevada
corporation incorporated in May 2023. The Company’s main businesses
include AI-driven digital human technology, live-streaming
e-commerce business and live streaming interactive game. For more
information, please visit the Company's website at
https://www.gdculturegroup.com/.
About DigiTrax Entertainment,
Inc.
DigiTrax Entertainment, Inc. is a music
technology company that uses artificial intelligence to develop new
ways of creating and experiencing music. The company has developed
a patented AI process that leverages evolutionary algorithms
trained on music theory as the key innovation of the KR38R
platform. The platform leverages AI for new music creation and to
help artists and music labels unlock additional value from existing
content. DigiTrax Entertainment, Inc. is currently participating in
the NVIDIA Inception and Intel AI Partner Programs. For more
information, please visit: https://digitrax.ai/.
Forward-Looking Statements
This announcement contains forward-looking
statements within the meaning of the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. All statements
other than statements of historical fact in this announcement are
forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties and are based on
current expectations and projections about future events and
financial trends that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Investors can identify these forward-looking statements by
words or phrases such as "may," "will," "expect," "anticipate,"
"aim," "estimate," "intend," "plan," "believe," "potential,"
"continue," "is/are likely to" or other similar expressions. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results.
For investor and media inquiries, please
contact:Ascent Investor Relations LLCTina
XiaoPhone: +1-646-932-7242Email: investors@ascent-ir.com
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