AI Music Generator Suno Raises $500 Million in Series B Round from Lightspeed

May 21, 2024, 02:24 PM

AI music generator Suno has raised capital at a $500 million valuation from Lightspeed Venture Partners after 10 million people used its platform to create songs, some of which sound professional. The Series B funding round highlights Suno's innovative approach in the AI music industry, which aims to lower the barrier for music creation and make it accessible to all. Lightspeed has expressed admiration for Suno's execution and thoughtfulness, emphasizing the potential to change how music is experienced globally.