UMG and AI company Klay are forming their own foundational Music-generating AI model. | Cath Virginia / The Verge | Photo from Getty Image Universal Music Group (UMG) announced a new deal centered on creating an ethical" foundational model for AI music generation. It's partnered with a company called Klay Vision that's creating a Large Music Model" named KLayMM and plans to launch out of stealth mode with a product within months. Ary Attie, its founder and CEO, said the company believes the next Beatles will play with KLAY."The two say the model will work in collaboration with the music industry and its creators," without many details about how, while Klay plans to make music AI more than a short-lived gimmick."This is how the companies explain their shared goals: