News Sep 10, 2026

ElevenLabs’s $11B valuation is more than twice the size of Suno’s. It just struck a global AI music deal with UMG.

ElevenLabs will launch an AI-powered music platform for fans under the deal, with the two companies also jointly developing AI audio products for artists and songwriters Source

Originally published by Music Business Worldwide
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ElevenLabs’s $11B valuation is more than twice the size of Suno’s. It just struck a global AI music deal with UMG.