Uber invests $10M in Indian fleet operator Carrum at $168M valuation
GetDeal Team
Contributor
Carrum Mobility operates about 5,100 vehicles in India and is Uber's largest fleet partner for its premium Uber Black service in the country.
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Universal Music Group is launching a new AI-powered platform that will allow users to draw from its catalog of licensed music to create song remixes, mashups, and new takes on tracks, according to an announcement on Thursday. The record label is developing the platform through a multiyear licensing agreement with ElevenLabs, a company that specializes in AI voice and music generation. Artists can choose whether to participate in UMG and ElevenLabs' upcoming platform, which marks yet another AI deal for the record label. UMG is currently developing an AI music platform with Udio and has struck AI licensing deals with Spotify, Nvidia, and Kla … Read the full story at The Verge.