Suno, an AI music startup founded by Mikey Shulman, recently secured a $250 million financing round that values the company at $2.45 billion. The funding comes as the firm faces lawsuits from the three major record labels, the RIAA and several independent artists over alleged unauthorized training of its model on copyrighted material. Suno’s flagship product, the Create feature, generates full tracks from text prompts, while its newer Studio offering mimics a digital audio workstation. Critics argue the technology bypasses artistic skill and could devalue recorded music, and they note the premium pricing of Suno’s Premier plan compared with established DAWs. Read more →