David

A new platform that harnesses the power of artificial intelligence (AI) to make music on command has captured the attention of venture capital investors.
On May 21, Suno <a href="https://suno.com/blog/fundraising-announcement-may-2024" target="_blank" rel="noopener nofollow">announced</a> that it had raised $125 million from investors, aiming to make beat-making accessible to everyone — or so it claims. The company stated that the funds would be used for product development and team expansion.
As a part of its funding announcement, Suno released an AI-generated song that it created for the occasion.
<blockquote class="twitter-tweet">
 <a href="https://t.co/jxEa3tGcXX">https://t.co/jxEa3tGcXX</a>— Suno (@suno_ai_) <a href="https://twitter.com/suno_ai_/status/1792928526380798322?ref_src=twsrc%5Etfw">May 21, 2024</a>
</blockquote> 
The platform’s first initial product launched eight months prior and allowed users to make songs based on simple text prompts.&nbsp;At its current stage, users input text prompts based on their desired “song description” and can select whether they want it to include vocals or be purely instrumental.
Once the song is generated, it also generates album artwork and titles, all of which are customizable. Users can also alter the AI-generated lyrics with their own words and extend the initial track. 
Cointelegraph tried out the tool using the prompt, “Make me a theme song for the publication Cointelegraph.” It naturally created a two-minute <a href="https://suno.com/song/00806918-0fa2-4bd1-993f-c3cb20328d31" target="_blank" rel="noopener nofollow">track</a> with the tags “trap, energetic, upbeat” attached to the music style.&nbsp;
When prompted to generate lyrics, it came up with a comprehensive text that had lines: “Blockchain came through and disrupted the scene/ Decentralized power, it’s a whole new regime/ The crypto industry, a wild beast untamed/ Cointelegraph on the frontline, never to be tamed.”
Suno claims that 10 million people have already made music using its platform, including <a href="https://cointelegraph.com/news/grammy-ceo-ai-drake-song-ineligible-for-award">Grammy Award-winning artists</a>.&nbsp;
Related: <a href="https://cointelegraph.com/news/hollywood-union-deal-with-music-giants-guards-against-ai-use">Hollywood union deal with music giants guards against AI use</a>
The platform is already picking up hype on social media, with one X user calling the new AI tool a “gift,” as she was able to create a song for her child.&nbsp;
<figure data-ct-non-breakable="true">
 <img src="https://s3.cointelegraph.com/uploads/2024-05/07683734-0e0e-4673-b7bd-f87e0c361d48.png" alt="" title="">
 <figcaption style="text-align: center;">
 Source:&nbsp;<a href="https://twitter.com/lulumeservey/status/1792967554060955859" target="_blank" rel="noopener nofollow">Lulu Cheng Meservey</a>
 </figcaption>
</figure>
Despite the excitement, Suno is not the first platform on the web to allow users to create AI-generated music via text prompts.&nbsp;
In the summer of 2023, Big Tech rivals Google and Meta, both currently developing high-performing AI models,&nbsp;<a href="https://cointelegraph.com/news/meta-launches-suite-of-generative-ai-music-tools-rivaling-google-s-musiclm">released their own AI-generated music-making platforms</a>. 
However, even in its free version, Suno can create tracks up to two minutes — compared to 30 seconds on Google’s MusicFX — with different sections in the songs and chord progressions, giving its tracks a more musical feel. 
AI-generated music has sparked major controversy within the music industry over the last year, with companies like Universal Music and Sony <a href="https://cointelegraph.com/news/how-music-industry-battling-ai-deepfakes">taking a stand against developers</a> to protect their artists’ copyrighted content. 
The popular music YouTuber Rick Beato recently spoke with futurist Ted Gioia in a <a href="https://www.youtube.com/watch?v=ibMd_Jx9daw" target="_blank" rel="noopener nofollow">video</a> about AI music flooding streaming platforms like Spotify, coining the term “ghost music,” as it fills up playlists and reaps streaming royalties. 
Though musicians are still wary of AI, a survey last year revealed that over half of polled musicians were concerned about the audience’s&nbsp;perception of AI use. 
Magazine:&nbsp;<a href="https://cointelegraph.com/magazine/sic-ais-on-each-other-artificial-intelligence-threat-alignment-david-brin-author/">‘Sic AIs on each other’ to prevent AI apocalypse: David Brin, sci-fi author</a>

VCs dump $125M into new AI music platform — Can we all become beat-makers?

Cointelegraph

Other articles published on May 23, 2024

House lawmakers send letter to Gary Gensler urging SEC to approve spot Ethereum ETFs

Investors Influence WIF Coin Price Movements

Dogecoin Reversal Imminent, Says This Analyst — Predicts Over 30% Upside

Bluechip Altcoins Solana (SOL) and Ripple’s XRP Print Highly Bullish Patterns Under ETF Listing P...

ALGT, PEPE, and ARB are the Hottest Altcoins in the Market Right Now

Just In: Coinbase Now Allows XRP Trading in New York

Join our free newsletter for daily crypto updates!