Reported Earlier, GD Culture Group's Portfolio Company DigiTrax Releases Its Patented AI Music Production Tool KR38R PRO
Portfolio Pulse from Benzinga Newsdesk
GD Culture Group Limited (NASDAQ:GDC), through its subsidiary AI Catalysis Corp., announced the release of DigiTrax Entertainment's AI music production software, KR38R PRO. This tool, which has been in development for seven years and is based on seven patents, integrates with major digital audio workstations to streamline the music composition process. The launch is part of a series of AI-powered music technology products that aim to transform the music industry and provide value to artists, labels, and shareholders.
November 22, 2023 | 2:13 pm
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GD Culture Group's announcement of the release of KR38R PRO, an AI music production software by its portfolio company DigiTrax, could positively impact GDC's stock as it highlights innovation and potential revenue growth from new products.
The release of KR38R PRO by DigiTrax, a portfolio company of GD Culture Group, is significant news that demonstrates the company's commitment to innovation in the AI music space. This could attract investor interest due to the potential for new revenue streams and market growth. The positive impact on GDC's stock price in the short term is likely, as the market often reacts favorably to technological advancements and product launches.
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