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Suno valued at $2.45 billion in latest funding round as lawsuits loom.
The AI music company just announced that it raised $250 million in its latest funding round, and its valuation soared from about $500 million last year to nearly $2.5 billion. That money might be going right back out the door, though, as all three major labels — Universal Music Group, Warner Music Group, and Sony Music Group — are currently suing Suno.
AI Music Platform Suno Valued at $2.45 Billion
[Wall Street Journal]
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