Emotionwave announced on the 23rd that it signed a strategic MOU with Music Journal on the 6th for the transition of the global classical industry based on…

[Hans Economy] Emotionwave to Fully Advance Global Classical Music Industry AX — image 1

Emotionwave announced on the 23rd that it signed a strategic MOU with Music Journal on the 6th for the transition of the global classical industry based on artificial intelligence. This agreement aims to reorganize the classical industry around data using the Korea-Germany network and build a global expansion structure through AI Suite and patented technologies.

The two companies will jointly develop an artificial intelligence platform that integrates global classical artists, performances, and education projects. This platform is equipped with a data-centric operating system, including performance data collection, structuring of activity history, settlement based on contribution and rights, and global collaboration management.

Emotionwave provides ultra-low latency analysis of performance data, AI-based content generation, artist profiling, and matching functions using on-device AI and multimodal technology. The generated data will be utilized as core assets in high-quality training datasets and patent portfolios.

The company plans to drive the transition across the entire classical industry based on this technological structure. This strategy is to increase industrial efficiency and transparency by integrating fragmented value chains into a data layer. Accumulated data assets are expected to create entry barriers based on network effects, leading to AI advancement and new service expansion.

Emotionwave plans to promote entry into the European market, centering on Germany, in combination with Music Journal's Korea-Germany network. In June, it plans to fully implement platform demonstration and data acquisition through the Music Journal Concours Europe Debut Grand Prix.

Cho Seung-hyun, CSO of Emotionwave, said, "We will redefine the classical industry based on AI and data and expand it into a global standard platform," adding that "we will accelerate preparations for listing as a deep tech company."

Original article: Hans Economy Reporter Kim Jong-hyo