In collaboration with record labels Warner Music Group and BMG, AI music startup Suno unveiled a suite of AI models on Wednesday that let users create original music based on licensed works by participating artists.
This action comes at a time when streaming services like Deezer (DEEZR.PA) and Spotify (SPOT.N) are attempting to increase transparency surrounding AI-generated recordings, and artists are concerned about unpaid use of their work.
Last year, Suno secured licensing agreements and settled a copyright litigation with Warner Music Group (WMG.O), while Udio settled copyright lawsuits with Universal Music Group (UMG.AS) and Warner Music Group (WMG.O).
Both Pro and Premier tier users will have access to Suno’s flagship v6 model and the experimental v6-Wild variant. While v6-Wild will provide results for exploration and fresh ideas, V6 will deliver exact music generation for particular creative purposes.
The business anticipates that its v6-mini would provide “better, faster results than any free model on any music creation platform.” It will be free for all users.
In a statement, Suno CEO Mikey Shulman stated, “We think this is a blueprint for how AI and the music industry can strengthen one another and build entirely new product experiences for artists, fans, and the broader music community.”
In order to fully transition the platform to the v6 generation, Suno announced last year that its new models would replace earlier iterations.
The company recently secured more than $400 million in a capital round that valued it at $5.4 billion. In the U.S., the Pro and Premier subscription plans cost $8 and $24, respectively.
