Suno Targets Series D Funding at a $5 Billion Valuation — And Plots ‘An AI Native Legal Operations’ Expansion Amid Copyright Lawsuits
Suno aims for a $5 billion Series D funding round while expanding AI legal operations amid ongoing copyright lawsuits.Summary
Suno, an AI music generation startup, is reportedly nearing a $5 billion Series D funding round following previous raises totaling $375 million. Despite facing copyright lawsuits with major labels like Universal Music and Sony Music, the company is expanding its 'AI native legal operations' function to address legal challenges and scale operations. The funding would further bolster its valuation, which reached $2.45 billion after its Series C round. Suno is also pursuing strategic moves, including potential acquisitions and partnerships, while navigating industry competition and legal uncertainties. The company's CEO emphasized initiatives like interactive music releases, but long-term growth depends on resolving legal disputes and securing industry support. A new job posting highlights Suno's focus on integrating AI tools into legal operations, seeking professionals with expertise in AI-powered legal tech and coding skills.
(Source：Digitalmusicnews)