An AI app that turns a text message into a full song raised $400 million at more than double its old valuation, and the legal exposure investors priced through on the way in is a number most users generating 7 million tracks a day have never seen

Type a few words. Hit a button. Thirty seconds later, a complete original song plays back, vocals, melody, instrumentation and all. That is the promise of a fast-growing category of AI tools that has pulled in millions of everyday users who have never touched a recording studio in their lives. One company is leading that ... Read more