AI music startup Suno raises $400 million at a $5.4 billion valuation

AI music platform Suno has closed a $400 million funding round, valuing the company at $5.4 billion. Corbin Bolies reports for Variety that the Series D round was led by Bond Capital, with participation from IVP, Forerunner, Union Square Ventures, Alkeon Capital Management and Quiet. Previous backers Matrix, Lightspeed, Menlo Ventures and Schroders Capital also …

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Lost in translation no more: ElevenLabs takes AI dubbing to the next level

AI company ElevenLabs has released Dubbing v2, a new dubbing model that transfers a speaker’s emotional delivery and tone into more than 90 languages. Imogen Mulliner and Jakub Lichman write for ElevenLabs that the system conditions directly on the original audio performance rather than relying on a transcript alone. Traditional AI dubbing tools work primarily …

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Genre-hopping, rap, sound effects: ElevenLabs raises the bar for AI music generation

ElevenLabs has launched Music v2, a new version of its AI music-generation model that can switch between genres within a single track. Ivan Mehta reports for TechCrunch that the model is built to handle complex vocals and compositions, arriving nearly ten months after the company released its first music-generation model. According to ElevenLabs, the model …

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From chaos to control: Spotify and Universal bet on licensed AI music

Spotify has struck a deal with Universal Music Group that allows subscribers to create AI-generated covers and remixes of songs from participating artists. Anna Nicolaou reports for the Financial Times. The agreement makes Spotify the first major streaming platform to launch a commercial AI music product with backing from a major record label. Spotify co-chief …

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ElevenLabs challenges Spotify and Audible with a new audiobook platform

ElevenLabs, the AI voice company valued at $11 billion, is entering the audiobook streaming market in direct competition with Spotify and Audible. Ashley Carman reports for Bloomberg that the startup has licensed 200,000 human-voiced audiobooks from publishers including HarperCollins, Blackstone Publishing, and Vinci Books. The titles will be available through ElevenReader, the company’s existing app …

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Spotify enters AI podcast and audiobook creation

Spotify has announced two new AI-powered tools aimed at audio creation: a desktop app for generating personal podcasts and an audiobook creation tool built in partnership with voice AI company ElevenLabs. The new desktop app, called Studio by Spotify Labs, lets users generate podcasts based on personal data such as emails, calendar entries, and travel …

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Google updates Flow and Flow Music with new AI model and mobile apps

Google has announced a series of updates to its AI-powered creative platforms, Google Flow and Google Flow Music. The changes were revealed at Google I/O, the company’s annual developer conference, and include a new AI model, an agentic assistant, custom tool-building and mobile applications. Google Flow is an AI creative studio that lets users generate, …

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Alexa+ now runs its own AI podcast shows on demand

Amazon has added an AI-generated podcast feature to its Alexa+ voice assistant, allowing users to create audio content on any topic using two synthetic co-hosts. Todd Spangler reports for Variety that the feature, called Alexa Podcasts, produces episodes through artificial intelligence without any human editorial involvement. Users request a topic by voice. Alexa+ then outlines …

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OpenAI adds advanced reasoning, translation, and transcription to its voice API

OpenAI has released three new voice models for developers through its Realtime API. Each model focuses on a different capability: reasoning, translation, and transcription. The first model, GPT-Realtime-2, brings GPT-5-class reasoning to live voice conversations. According to OpenAI, it can handle complex requests, manage interruptions, and call external tools while keeping a conversation going naturally. …

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