AI music gets hot as Warner Music settles with Udio, Suno hits $2.45B valuation

Warner Music Group has settled a copyright lawsuit with AI firm Udio, while rival company Suno announced a $250 million funding round, which brought its valuation to $2.45 billion. The announcements, which came on the same day, show that major record labels and VCs are racing to capitalize on AI music technology after months of litigation, even as fundamental questions about copyright and fair use remain unresolved in the courts. Warner Music and Udio to launch a song creation platform Warner Music’s settlement with Udio makes it the second major label to resolve its dispute with the Massachusetts-based company in less than a month, following Universal Music Group’s October agreement. The companies plan to jointly launch a subscription service in 2026 that will use licensed music from Warner’s catalog to power AI-generated remixes, covers, and new songs featuring participating artists’ voices. “We’re unwaveringly committed to the protection of the rights...

https://www.cryptopolitan.com/warner-music-settles-with-udio-suno/