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"Internet Queen's" Fund Leads Investment, AI Music Unicorn Valued at $5.4 Billion

AI music generation leader Suno announced a $400 million Series D funding round on Wednesday, valuing the company at $5.4 billion. The round was led by Mary Meeker's Bond Capital, with participation from other major investors like IVP and Lightspeed Venture Partners. This marks a doubling of Suno's valuation from $2.45 billion just seven months prior. Suno's platform allows users to create complete songs from text prompts and has amassed over 2 million subscribers, progressing toward an annual recurring revenue target of $300 million. The company's journey reflects a shift in the music industry's stance on AI tools, evolving from legal battles with major record labels to securing a licensing deal and collaboration with Warner Music. CEO Mikey Shulman stated the new capital will accelerate hiring, product development, and ambitious new projects. Suno plans to expand its current workforce of 200 by up to 70% by year-end. The funding underscores strong investor confidence in the AI music sector, solidifying Suno's position as the highest-valued company in the field.

marsbit06/04 01:55

"Internet Queen's" Fund Leads Investment, AI Music Unicorn Valued at $5.4 Billion

marsbit06/04 01:55

Google DeepMind Releases Lyria 3 Pro: AI Music Transitions from "30-Second Previews" to Full Songs

Google DeepMind has launched Lyria 3 Pro, a significant upgrade from the previous version released just six weeks prior. The key improvement is the extension of AI-generated music from 30 seconds to 3 minutes, alongside a new "structure-aware" capability. This allows the model to understand and construct a song's internal composition—such as intros, verses, choruses, and bridges—based on user's text, image, or video prompts, marking a shift from a simple generator to a creative tool. While competitors like Suno and Udio have offered similar features since early 2025, Google's entry into this competitive space is notable due to its vast distribution reach via the Gemini ecosystem. The model supports multiple languages, includes vocals and instruments, and automatically adds SynthID watermarks for AI content identification. Access is tiered for paid Gemini users (AI Plus, Pro, Ultra), with daily generation limits, while free users remain on the 30-second Lyria 3. It is also available for developers via API and for enterprises through Vertex AI. However, copyright concerns regarding training data remain unresolved, similar to ongoing industry disputes.

marsbit03/26 00:58

Google DeepMind Releases Lyria 3 Pro: AI Music Transitions from "30-Second Previews" to Full Songs

marsbit03/26 00:58

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