"The deal also settles previous litigation between the companies."
Warner Music Group will begin an artificial intelligence music venture with technology start-up Suno - a year after it sued the company.
As part of the settlement agreement struck between the two firms, Warner will let users create AI-generated music on Suno using the voices, names and likeness of artists who opt-in to the programme.
The record label, which represents artists like Dua Lipa, Coldplay and Ed Sheeran, was among several music giants - including Sony Music - that sued Suno and a similar platform called Udio.
The labels accused Udio and Suno of profiting from copying existing songs, claiming the platforms produced tracks that were indistinguishable from work by real artists.
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