Los Angeles, CA — Futureverse, a pioneering AI and metaverse technology company, is thrilled to announce that music industry icon Mike Caren has joined JEN, its music-focused AI venture, as a founding partner.
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Mike Caren, founder, and CEO of Artist Partner Group, a highly successful record label and music publishing company, brings decades of invaluable experience in the music industry, having held prominent executive positions at labels such as Warner Music Group, Elektra Records, and Atlantic Records.
He has collaborated with global music stars including Beyoncé, Kanye West, Bruno Mars, and more. With Caren’s addition, JEN combines music industry expertise with cutting-edge AI technology, creating exciting opportunities for artists, producers, and creators.
JEN’s Innovative Music AI Development
JEN initially made waves by publishing a research paper that introduced JEN-1, an unprecedented universal high-fidelity model for text-to-music generation. Despite significant advancements in AI modalities, music generation remained a complex challenge. The JEN-1 Music AI Research Paper outlined an efficient approach that surpassed state-of-the-art baselines released by Google and Facebook, promising higher-quality music outputs.
Today, as Mike Caren joins JEN as a founding partner, the venture releases its second research paper, unveiling the JEN-1 Composer. This groundbreaking technology enables the separation of generated audio into controllable stems, empowering users to curate and refine AI-generated tracks iteratively. This innovation represents a significant leap forward in human-AI co-composition, making music creation more accessible and dynamic.
The JEN Doctrine: Commitment to Fair and Equitable AI
The JEN founding team introduces the JEN Doctrine, a set of principles guiding their approach to AI development:
Jenuine: Prioritizing transparency regarding the model, its training process, and data usage.
Jenetic: Featuring an industry-compliant licensing framework.
Jenerous: Ensuring equitable compensation for creators and rights holders.
Jentle: Enacting guidelines for AI-generated outputs based on copyrights.
Jenesis: Requiring end users to comply with copyright laws and adhere to AI developer terms of service.
Empowering Creativity Through Collaboration
Shara Senderoff and Aaron McDonald, Co-Founders of Futureverse, express their excitement about Mike Caren’s addition to the founding team, emphasizing the alignment of their mission with Caren’s commitment to innovation, technology, and creator opportunities. They believe that involving producers and artists in AI tool development is crucial for success and expansion.
“JEN aims to develop AI technology to the standards of commercial music production.”
Mike Caren
“By putting these tools directly into the hands of creators, they hope to empower and enhance the creative process for producers and artists alike,” added Mike.
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About Futureverse
Futureverse leads the way in revolutionary AI and metaverse technologies, enabling open, scalable, and interoperable apps, games, and experiences. With a strong presence in the digital collectible community and strategic partnerships with leading IP and brands, Futureverse continues to shape the metaverse landscape. For more information, visit futureverse.com.
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