Legally embattled AI music startup Suno raises at $2.45B valuation on $200M revenue | TechCrunch

Image for article Legally embattled AI music startup Suno raises at $2.45B valuation on $200M revenue | TechCrunch
News Source : TechCrunch

News Summary

  • AI music site Suno has raised a $250 million Series C round at a $2.45 billion valuation.
  • Suno allows anyone to create AI-generated songs through prompts.
  • The company has also been the poster child for AI training lawsuits by human artists.
  • But given Suno’s market success, growth, and the obvious potential market for AI- generated music, its legal complications are a shoulder shrug to investors.
  • It has now hit $200 million in annual revenue, Suno told The Wall Street Journal.
If you want insight into just how worried VCs (and Silicon Valley, generally) are over legal challenges to AI training on copyrighted material, look no further than AI music site Suno.Suno, which [+2358 chars]

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