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Forbes Daily Briefing

Inside Suno’s $2.5 Billion Bet That AI-Made Music Is Here To Stay

Forbes Daily Briefing

Forbes

Business, Tech News, News

4.418 Ratings

🗓️ 1 May 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

Shulman is spinning up a new song. His electric bass guitar hangs idly on a nearby wall. A 61-key synthesizer and drum kit remain untouched a few doors away. Instead, he types a few sparse phrases – pedal steel guitar, country Americana folk, acoustic guitar — into his startup Suno’s AI music generation software.  A few seconds later, a song comes to life: fluid guitar strums and human-sounding vocals with a smooth Southern accent soar over an upbeat tempo. It’s instantly catchy, like if Ella Langley met Lana Del Rey.  The tune isn’t a chart-topper or a summer hit, but it’s evidence enough for why more than 100 million people have now used Suno to make music. Suno-created songs have gone viral on TikTok, debuted on Billboard charts and racked up millions of streams. Over 7 million songs are made on the app every day, catapulting it to the top of the Apple App Store’s most downloaded music apps in April — surpassing Spotify.  “The technology finally allows for billions of people to be creative, to have the fruits of their labor, to feel fulfillment in a different way,” says CEO Shulman, 39. He calls it a “new form of consumer entertainment.” By Rashi Shrivastava, Writer Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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Today at expeedia.com.uk slash visit Scotland.

0:30.6

Today on Forbes, inside Suno's $2.5 billion bet that AI mademade music is here to stay. On a frosty February

0:41.3

evening in Cambridge, Massachusetts, Mikey Shulman is spinning up a new song. His electric bass

0:47.9

guitar hangs idly on a nearby wall. A 61 key synthesizer and drum kit remain untouched a few doors away. Instead, he types a few

0:58.5

sparse phrases, pedal steel guitar, country Americana folk, acoustic guitar, into his startup

1:05.8

Suno's AI music generation software. A few seconds later, a song comes to life. Fluid guitar strums and

1:14.2

human-sounding vocals with a smooth southern accent soar over an upbeat tempo. It's instantly

1:20.8

catchy, like if Ella Langley met Lana Del Rey. The tune isn't a chart-topper or a summer hit, but it's evidence enough for why more

1:30.0

than 100 million people have now used Suno to make music. Suno created songs have gone viral on

1:37.0

TikTok, debuted on Billboard charts, and racked up millions of streams. Over seven million

1:43.5

songs are made on the app every day,

1:46.0

catapulting it to the top of the Apple App Store's most downloaded music apps in April,

1:51.0

surpassing Spotify.

1:53.0

CEO Schulman, who is 39 years old, says,

1:57.0

quote,

1:58.0

"...the technology finally allows for billions of people to be creative, to have the fruits of

...

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