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Suno raises $125M to become the ‘ChatGPT’ of music creation

Venturebeat

Venturebeat · 1y ago

Suno raises $125M to become the ‘ChatGPT’ of music creation

Suno, a music AI startup, has raised $125 million in funding to revolutionize music creation and consumption. Their AI platform allows users to generate original songs by inputting text prompts or lyrics, with the AI handling the composition. The funding round, supported by prominent venture capital firms, highlights the potential of AI in the music industry. However, the use of copyrighted music recordings for training AI models without consent raises copyright concerns. Suno aims to collaborate with artists, labels, and publishers to build a sustainable ecosystem for AI-generated music. The rise of AI-generated music requires new regulations to protect artists' rights and ensure fair compensation.

Related News

AI Music Startup Suno Raises $125M in Series B Funding

deepnewz

deepnewz · 1y ago

AI Music Startup Suno Raises $125M in Series B Funding

The team at @suno_ai_ has developed an innovative AI music model and creation product that could revolutionize the music industry. @lightspeedvp is highly impressed with their execution and thoughtful approach. Check out the link for more information.

Microsoft brings AI-powered Copilot app to iOS, iPadOS

Business Insider

Business Insider · 1y ago

Microsoft brings AI-powered Copilot app to iOS, iPadOS

Microsoft has launched its AI-powered Copilot app for Apple iOS and iPadOS users. The app, available on the Apple App Store, functions similarly to OpenAI's ChatGPT app. It offers access to the latest language model, GPT-4, and features such as chatbot capabilities, image generation through DALL-E 3, and text drafting for emails and documents. Microsoft has rebranded Bing Chat to Copilot and partnered with Suno for AI-based music creation. Additional features, including OpenAI's latest models, will be added soon.

Music labels sue AI companies Suno, Udio for US copyright infringement

Economic Times

Economic Times · 1y ago

Music labels sue AI companies Suno, Udio for US copyright infringement

Major record labels Sony Music, Universal Music Group, and Warner Records have filed lawsuits against AI companies Suno and Udio, accusing them of copyright infringement. The labels claim that Suno and Udio used their recordings without permission to train music-generating AI systems, enabling these systems to create music that directly competes with human artists. Suno and Udio users were allegedly able to recreate elements of popular songs and generate vocals that resembled famous musicians. The labels are seeking statutory damages of up to $150,000 per copied song. These lawsuits represent the first legal action against music-generating AI technology.

Major record labels are reportedly in licensing talks with AI firms Udio and Suno | TechCrunch

TechCrunch · 1m ago

Major record labels are reportedly in licensing talks with AI firms Udio and Suno | TechCrunch

Universal Music Group, Warner Music Group, and Sony Music Entertainment are negotiating with AI startups Udio and Suno to license their work, potentially providing a framework for AI companies to pay artists. The talks include labels seeking equity in the startups and aim to resolve ongoing copyright lawsuits. Both parties are attempting to balance control over music use and flexibility for AI experimentation, fostering collaboration rather than legal disputes.

AI to spur more music creativity, not a threat: Spotify CEO

Economic Times

Economic Times · 1m ago

AI to spur more music creativity, not a threat: Spotify CEO

Spotify CEO Daniel Ek believes artificial intelligence will bolster music creativity rather than threaten it. While AI-generated music and concerns about fake artists have arisen, Ek is optimistic about AI's potential to lower barriers to music creation. Despite allegations of Spotify promoting AI-generated songs over human artists, Ek stresses the importance of human creativity. He views AI's role as evolutionary rather than revolutionary, expecting more people to engage in music creation due to accessible technology.

YouTube introduces AI-generated background music tool for creators

Economic Times

Economic Times · 3m ago

YouTube introduces AI-generated background music tool for creators

YouTube has introduced an AI-generated background music tool for creators, allowing for the creation of free music to avoid copyright issues. This tool, part of YouTube's Creator Music beta, generates music based on user prompts, offering multiple tracks for review and download. The feature is gradually being rolled out to users with access to Creator Music. YouTube's tool joins other AI music-generating services from companies like Stability AI and Meta.

Universal Music Group expected to pull music from TikTok over concerns with AI and artist pay

The Verge

The Verge · 1y ago

Universal Music Group expected to pull music from TikTok over concerns with AI and artist pay

TikTok is facing backlash from Universal Music Group (UMG) for allowing AI-generated content and not adequately addressing copyright infringement issues and hate speech on the platform. UMG accuses TikTok of attempting to dilute the royalty pool for human artists and promoting AI music creation. UMG refuses to concede to a deal that undervalues music and shortchanges artists and fans, vowing to protect the rights of artists.

Adobe’s new prototype generative AI tool is the ‘Photoshop’ of music-making and editing

The Verge

The Verge · 1y ago

Adobe’s new prototype generative AI tool is the ‘Photoshop’ of music-making and editing

Adobe has unveiled Project Music GenAI Control, an AI-powered prototype tool that allows users to generate and customize music based on text prompts. Users can input a description of the desired music style, such as "happy dance" or "sad jazz," and the tool will generate music accordingly. Integrated editing controls then enable users to adjust patterns, tempo, intensity, and structure. The tool can also extend the length of audio clips and remix sections of the music. Adobe aims to provide creatives with deep control and customization options for music creation similar to what Photoshop offers for image editing.

Microsoft unveils Copilot Key for Windows 11: A game-changer in intelligent computing

Livemint

Livemint · 1y ago

Microsoft unveils Copilot Key for Windows 11: A game-changer in intelligent computing

Microsoft has introduced a new key called Copilot for Windows 11 PCs, marking the first major modification to the Windows keyboard in almost 30 years. This move represents Microsoft's focus on integrating artificial intelligence (AI) into the Windows system. The Copilot key aims to enhance users' computing experiences, streamline tasks, and boost productivity. Microsoft is also working on revolutionizing search and productivity through Copilot in Bing and Microsoft 365. Additionally, Copilot has expanded its capabilities to include AI-generated music composition in collaboration with Suno.

Seeking nominations for the next wave of music-tech startups helping artists and their teams

Business Insider

Business Insider · 1y ago

Seeking nominations for the next wave of music-tech startups helping artists and their teams

The music industry is constantly changing and adapting to new technologies. This includes innovations in streaming, audio production, and artificial intelligence. Some companies are releasing user-friendly song-making apps, making music creation more accessible. Others are automating processes like track mastering, reducing costs for emerging artists. Additionally, there are AI companies experimenting with audio-generation tools that could disrupt the industry in the future. Business Insider is compiling a list of innovative music startups that will impact the music world in 2024 and beyond, and they are seeking reader nominations for these companies.

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