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Fortune

Sharon Goldman

Suno is now worth $5.4 billion. But is AI music really becoming a mass-market behavior?

Suno Behavior Sam Altman Udio Netflix OpenAI SUMO TikTok

(Credit: Barry Chin/The Boston Globe via Getty Images)

Welcome to Eye on AI, with AI reporter Sharon Goldman. In today’s issue: The small business owners managing whole armies of AI employees…Meta keeps delaying the release of its new AI Model to developers…How courts are coping with a flood of AI-generated lawsuits.

Yesterday, AI music generator Suno announced a new $400 million funding round at a $5.4 billion valuation, the latest sign that investors believe AI-generated music is here to stay. Ironically, just a few days earlier, I was sitting in a 14th-century French château in the Loire Valley with a dozen other songwriters, geeking out over lyrics, melodies, and rhyme schemes at a bucket-list retreat.

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