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 post-money valuation.
  • Suno allows anyone to create AI-generated songs through prompts.
  • The company is battling a suit by three major record labels, which alleges Suno trained on copyrighted materials scraped off the Internet without permission.
  • But given Suno’s market success, growth, and the obvious potential market forAI-generated music, its legal complications are a shoulder shrug to investors.
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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