TechCrunch Suno, the AI-powered music creation platform, announced that it now has 2 million paid subscribers and generates $300 million in annual recurring revenue. The growth follows a recent $250 million funding round that valued the company at $2.45 billion. While the service has enabled users with little musical experience to produce chart‑ready tracks, it has also faced copyright lawsuits from musicians and record labels. A settlement with Warner Music Group now allows Suno to use licensed catalog music, and viral user‑generated songs have led to high‑value record deals.
Read more →