Suno, an AI music creation company currently in a dispute with music labels, has acquired WavTool, an AI-powered digital audio workstation (DAW) that operates within a browser. The acquisition aims to bolster Suno's music editing capabilities, providing songwriters and producers with more advanced tools. WavTool offers features such as stem separation, AI audio generation, and a virtual music assistant. Suno plans to integrate WavTool's technology into its editing interface to enhance user experience.
The financial details of the deal remain undisclosed. However, a significant portion of WavTool's team, including key personnel in product and engineering, will be joining Suno. This acquisition arrives as Suno faces legal challenges, including a lawsuit alleging improper use of copyrighted material to train its AI models. The timing of the acquisition may be a strategic move to highlight Suno's commitment to innovation amidst these legal battles. The AI in music composition market is experiencing rapid growth, with AI increasingly integrated into music production workflows.
