AI Music Generator Suno in Funding Talks at $2 Billion Valuation

Suno Inc., a startup that generates music using artificial intelligence, is in talks to raise over $100 million at a valuation of more than $2 billion, according to people familiar with the matter, quadruple its previous valuation.

Music-generating technology has provoked both awe from users and complaints from artists and record companies. Suno has recently been in discussions with major record labels to settle their legal disputes — potentially paving the way for the startup to operate more freely in the future, Bloombergreported.

Suno previously raised $125 million from investors including Lightspeed Venture Partners, Nat Friedman and ...