Sean Parker, who joined an $80 million rescue of Stability AI two years ago, is refocusing the company on AI tools for music professionals. In late August the company raised $76 million from Sony, Warner, and Universal, which also licensed their catalogs for training. Stability has since shipped three audio models and AI music-editing software that generates instrumental tracks from text prompts.
Stability AI, the startup behind Stable Diffusion, announced a $76 million Series B round on August 25, 2026, bringing its total funding to $232 million. The round includes strategic investments from Universal Music Group, Sony Music Group, Warner Music Group, Electronic Arts, AMD Ventures, and Pacific Alliance Ventures, signaling a push into entertainment and gaming partnerships.
Stability AI, the startup behind Stable Diffusion, announced a $76 million Series B round on August 25, 2026, bringing its total funding to $232 million. The round includes strategic investments from Universal Music Group, Sony Music Group, Warner Music Group, Electronic Arts, AMD Ventures, and Pacific Alliance Ventures, signaling a push into entertainment and gaming partnerships.
Suno unveiled Suno v6, a new AI music-generating model family trained on licensed data from labels and distributors including Warner Music Group, BMG, and Believe. The company says v6 is not trained on the data used for previous versions, as lawsuits from record labels over copyrighted training data continue.
Suno unveiled Suno v6, a new AI music-generating model family trained on licensed data from labels and distributors including Warner Music Group, BMG, and Believe. The company says v6 is not trained on the data used for previous versions, as lawsuits from record labels over copyrighted training data continue.
Universal Music Group announced a multiyear strategic agreement with ElevenLabs to develop an AI-powered music platform. The platform will let users create song remixes, mashups, and new takes on tracks drawn from Universal's licensed catalog.
Universal Music Group announced a multiyear strategic agreement with ElevenLabs to develop an AI-powered music platform. The platform will let users create song remixes, mashups, and new takes on tracks drawn from Universal's licensed catalog.
Sony and Universal Music Group, the two major labels that never licensed Suno, have filed a second copyright suit against the AI music company. The complaint targets Suno's v6 models, arguing they were trained on outputs of earlier models that themselves ingested unlicensed music scraped from YouTube, a practice the labels call "model laundering." The suit tests whether distilling a new model from an infringing one perpetuates the original infringement.
Sony and Universal Music Group, the two major labels that never licensed Suno, have filed a second copyright suit against the AI music company. The complaint targets Suno's v6 models, arguing they were trained on outputs of earlier models that themselves ingested unlicensed music scraped from YouTube, a practice the labels call "model laundering." The suit tests whether distilling a new model from an infringing one perpetuates the original infringement.
Spotify announced that Merlin, representing over 30,000 independent labels and distributors, has joined Universal Music Group in backing its upcoming AI-powered remix and covers product. The paid tool will let fans create AI-generated covers and remixes of participating artists' music while ensuring artists opt in, receive credit, and are compensated.
Spotify announced that Merlin, representing over 30,000 independent labels and distributors, has joined Universal Music Group in backing its upcoming AI-powered remix and covers product. The paid tool will let fans create AI-generated covers and remixes of participating artists' music while ensuring artists opt in, receive credit, and are compensated.