Suno CEO compares AI music to Ozempic: “Everybody is on it and nobody wants to talk about it”

Key Highlights

• Suno raised $250 million in November 2025, reaching a $2.45 billion valuation with only 1 million paying subscribers
• CEO Mikey Shulman calls Suno “the next format for recorded music” while facing active RIAA litigation
• Warner Music Group remains Suno’s only major label partner as Sony and Universal lawsuits continue

Suno CEO Mikey Shulman told The Guardian that musicians privately embrace AI tools but treat them as “a dirty secret,” comparing Suno to Ozempic: “everybody is on it and nobody wants to talk about it.” The interview comes as Suno defends its $2.45 billion valuation against fair use legal challenges from major labels. Shulman positioned interactive, social music creation as inevitable, even as fraudulent AI streams plague platforms like Deezer.

The Warner-Suno settlement from November 2025 remains Suno’s only major label partnership. Sony and Universal litigation stays active, following Koda’s Copenhagen lawsuit targeting Danish catalog infringement. Shulman declined to reveal whether Warner received equity or back payments, stating it is “a little early” to share details.

AI artists like Xania Monet and the mysterious Sienna Rose prove AI-generated tracks can chart. But Shulman’s 1 million subscriber count against a $2.45 billion valuation signals investor expectations far exceed current revenue. Your competitive landscape depends on whether remaining labels settle or litigate.