According to Foresight News, AI metaverse startup Futureverse plans to release the text music generator Jen-1 in early 2024, aiming to solve the problems of existing music generators, provide higher fidelity audio and longer and more complex music works. According to reports, Futureverse completed a $54 million Series A financing in July, led by 10T Holdings and participated by Ripple Labs. Futureverse is a merger of 11 different companies, including game studio Altered Phoenix, artificial intelligence provider Altered State Machine, multi-chain payment product Immersve, etc.