AI music generator Suno reaches 2 million paid subscribers and $300 million in annual recurring revenue

sun Co-Founder and CEO Mickey Shulman Shared on LinkedIn The AI ​​music generator has amassed 2 million paid subscribers and $300 million in annual recurring revenue.

Just three months ago, Sonu announced… A $250 million financing round Which values ​​the company at $2.45 billion. At the time, Sono told the Wall Street Journal that annual revenue was $200 million, which would indicate that the company had achieved some significant growth in a short time frame.

Suno allows users to create music using natural language prompts, allowing people with little experience to create audio with little effort. This has alarmed musicians and record labels, who have sued Suno for copyright infringement, as its AI model was likely trained on existing recorded music. But Warner Music Group recently His case was settled Instead it reached a deal that would allow Suno to release models that used music licensed from its catalog.

Suno produces synthetic music that sounds real enough to top the charts on Spotify and Billboard. Telisha Jones, a 31-year-old from Mississippi, used Sono to turn her verse into a viral R&B song.”How was I supposed to know?“She has signed a record deal with Hallwood Media in what is said to be a well-deserved deal 3 million dollars.

However, many musicians did to speak Against the use of artificial intelligence in music, including Billie Eilish, Chappelle Rowan, Katy Perry and others.