AI music platform Suno raised $250M led by Menlo Ventures at a $2.45B valuation, up from ~$500M in 2024, and says its annual revenue has reached $200M (Katherine Sayre/Wall Street Journal)

• Suno, an AI music platform, has raised $250 million in funding, achieving a valuation of $2.45 billion, a notable rise from its previous valuation of around $500 million in 2024. This funding reflects investor confidence in the company's innovative approach to music creation using AI technology.
• The substantial funding and revenue growth position Suno as a key player in the AI-driven music industry, showcasing its potential to reshape how music is produced and consumed in the digital age.
• This development aligns with broader trends in the tech industry, where companies are increasingly leveraging AI to enhance their offerings, as seen in other sectors like digital marketing and data centers, highlighting a growing reliance on AI technologies across various fields.

— via World Pulse Now AI Editorial System