Public Ventures President Lou Basenese argues Microsoft’s $10 billion investment could impact how fast artificial intelligence becomes mainstream.
Moises, a music app powered by artificial intelligence, is gaining major steam among both users and venture capitalists.
The Salt Lake City-based startup reports it has surpassed 30 million registered users on its platform after raising some $10.25 million from investors.
AI-powered music app Moises now boasts more than 30 million registered users. (iStock / iStock)
The music tech company was founded by Brazilian natives Geraldo Ramos, Eddie Hsu and Jardson Almeida in 2019 and has seen a titanic rise. It has ranked No. 1 in Apple’s app store and is now available in 33 languages.
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The app uses AI to offer artists the ability to separate or remove vocals and instruments from songs, detect a song’s key, change its pitch, identify chords and other tools to customize music or practice.
Moises, an AI-powered music app, has been ranked No. 1 on Apple’s app store in the U.S. (iStock / iStock)
Late last year, Moises also introduced an AI-powered songwriting assistant, which Ramos, the company’s CEO, says is “like Grammarly for musicians.”
“Our mission is to leverage technology to empower people to reach their full creative potential,” Ramos explained in a blog post.
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“Even though Moises is mostly known for its suite of tools for musicians, the company’s scope is much larger, as we aim to lead a new generation of AI technologies and become a service provider for the industry,” he added.
Moises allows creators the ability to isolate or remove vocals and individual instruments from songs. (iStock / iStock)
Music Business Worldwide reported Moises has attracted investors from multiple continents, receiving funding from Brazilian investor Monashees and U.S.-based Kickstart Fund.
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With users in the tens of millions, Moises claims it is “one of very few companies with the infrastructure to run large AI models that render results quickly.”
