AI Music Generator Suno Eyes $5 Billion Valuation After Latest Funding Round

Suno, the AI music generation company that has attracted a staggering 100 million users is reportedly nearing a close of a funding round that could value it at more than $5 billion, more than double what it was valued after its last funding round in November. Suno is expected to close a Series D funding round in the coming weeks, Axios and Billboard reported Monday morning, which Axios reported could value the startup at more than $5 billion. The new funding round comes six months after Suno raised $250 million at a valuation of $2.45 billion. Learn more about your ad choices. Visit megaphone.fm/adchoices