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Still Facing Copyright Lawsuits, AI Music Generator Suno Raises Another $400M

The AI music generator drew backing from major investors as labels pressed claims that it trained on more than 61,000 copyrighted recordings.

  • On Wednesday, AI music platform Suno announced it raised more than $400 million in a Series D funding round, securing a $5.4 billion valuation.
  • Suno's valuation has more than doubled from $2.45 billion six months ago, despite persistent copyright litigation that remains a significant factor for the company's future.
  • More than 100 million people have used the platform, according to Suno CEO Mikey Shulman, who noted the service surpassed 2 million paid subscribers in February.
  • Rooted in its partnership with Warner Music Group, Suno plans to release a new model in the coming months to help artists reach audiences and build community.
  • Universal Music Group and Sony Music Entertainment recently asked a federal court to add more than 61,000 copyrighted recordings to their lawsuit against Suno, with a pivotal ruling expected in summer 2026.
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AI music startup Suno raises funding at $5.4 billion valuation

·New York, United States
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Music Business Worldwide broke the news on Tuesday, June 2, 2026.
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