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Universal Music, Warner Music nearing AI licensing deals, FT reports

Oct 2 (Reuters) - Universal Music UMG.AS and Warner Music WMG.O are nearing landmark artificial intelligence licensing deals, the Financial Times reported on Thursday, citing people familiar with the matter.

Universal and Warner could each strike deals with AI companies within weeks, the newspaper said.

Reuters could not immediately confirm the report.

 (Reporting by Nilutpal Timsina in Bengaluru; Editing by Janane Venkatraman)

 ((Nilutpal.Timsina@tr.com; +91 86382 04706;))

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