According to ElevenLabs (@elevenlabsio) on Twitter, their latest AI music generation tool is capable of producing loose, live instrumentation in a long-form structure, exemplified by an AI-created jam band song themed around driving through New York City in a big yellow school bus. This composition features two extended guitar solos and intricate vocal harmonies, demonstrating the advanced capabilities of AI in generating complex, multi-layered music. Such developments highlight significant business opportunities for content creators, music producers, and entertainment platforms seeking unique, royalty-free music generated by artificial intelligence (source: twitter.com/elevenlabsio/status/1952754110215643232).