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Fortune

Lily Mae Lazarus

The VC betting $5.4 billion that Suno is the future of music

Suno Menlo Sony Warner Universal

Suno Ai on a phone screen with Warner Music Group's logo in the background. (Credit: OMER TAHA CETIN—Anadolu/Getty Images)

Amy Wu Martin creates AI-generated songs for her son on Suno.

She’s not famous or getting paid. She just likes it. That, in a nutshell, is why she led Menlo Ventures into a $250 million fundraise last fall, then re-upped in a $400 million round in June at a $5.4 billion valuation—more than doubling Suno’s value in seven months.

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