Documents: AI music startup Suno has spent $32M on compute power and just $2,000 on data, such as music, to train its model since January 2024 (Kristin Robinson/Billboard)
NeutralArtificial Intelligence
- AI music startup Suno has invested $32 million in compute power and only $2,000 in data to train its model since January 2024, as revealed in investment documents. The company has raised a total of $250 million, aiming to establish itself as a comprehensive creation, social media, and streaming service.
- This significant financial backing and low data expenditure highlight Suno's innovative approach to AI music generation, positioning it for rapid growth and expansion in a competitive market.
- The recent licensing agreement with Warner Music, which resolves ongoing legal disputes, signifies a shift in the relationship between traditional music companies and AI-driven platforms, reflecting broader industry trends towards collaboration and adaptation in the face of technological advancements.
— via World Pulse Now AI Editorial System
