GRAI Acquires Music Platform Hangout

GRAI has acquired Hangout, a social music platform developed by Turntable Labs. Turntable Labs was founded by Joseph Perla. The deal between the two companies was structured as a merger, resulting in GRAI Inc. absorbing the entirety of the parent company of Hangout. Following this merger, TTFM Labs, Incorporated, which operates under the name Turntable Labs, is now a wholly owned subsidiary of GRAI. Joseph Perla is joining GRAI as a board observer. GRAI was founded by the team behind Vochi, an artificial intelligence video editing application that was acquired by Pinterest.

Hangout opened in November 2024 with more than 100 million tracks licensed by Sony Music Entertainment, Universal Music Group, Warner Music Group, and Merlin. On the platform, users create virtual rooms called Hangouts where they DJ. Joseph Perla designed and modeled the platform on Turntable.fm, a service that he helped found in 2011. Turntable.fm closed in December 2013.

In August 2024, Turntable Labs raised 8.2 million dollars in seed funding. In December 2025, Hangout added a feature called Turntable.AI. The Turntable.AI feature allows users on the platform to create tracks using text prompts.