TikTok acquires UK-based AI music startup Jukedeck: Report

Lip-syncing video platform TikTok's parent ByteDance has reportedly acquired UK-based startup Jukedeck which uses AI to automatically generate music. The startup's Co-founder and CEO Ed Newton-Rex has updated his LinkedIn to reflect he is now the AI Labs Director for ByteDance. Founded in 2012 by Newton-Rex and Patrick Stobbs, Jukedeck has raised £2.5 million to date, as per Crunchbase.