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AI music platform Suno announced a new incubator program for independent musicians, the company’s latest goal in courting the artist community as AI remains among the most controversial topics among creators. The new program, called Spark, will include grants, mentorship and marketing support, Suno said, as the company said it’s looking to “help more artists…
Suno, the AI music generation company, announced on Wednesday that it has raised a $400 million Series D round, valuing the company at $5.4 billion. It was only about seven months ago that Suno raised at a $2.45 billion valuation, underscoring that investors are confident in the company’s future despite the litigation it faces. That…
Suno co-founder and CEO Mikey Shulman shared on LinkedIn that the AI music generator has amassed 2 million paid subscribers and $300 million in annual recurring revenue. Just three months ago, Suno announced a $250 million funding round that valued the company at $2.45 billion. At the time, Suno told The Wall Street Journal that…
The A.I.-powered music generation app is accused of illegally training its models on copyrighted music owned by Warner Music Group, Universal, and Sony Music. In 2024, the big three major label music groups — Warner Music Group, Universal Music Group, and Sony Music — filed a lawsuit against Suno for copyright infringement. An app that…