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Khosla Ventures-backed AI music company GRAI acquires social music platform Hangout
The merger combines Hangout’s social-listening platform and label deals with GRAI’s planned service, which the company says will pay artists and songwriters on every play.
Hangout launched in November 2024 with a catalog of over 100 million tracks, licensed from Sony Music Entertainment, Universal Music Group, Warner Music Group, and Merlin.
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