ElevenLabs, Stability AI Drop New AI Music Models—Can They Catch Suno?

60-second summary

ElevenLabs releases Music v2, allowing for genre-shifting and section-by-section composition, while Stability AI drops Stable Audio 3.0 with open weights and six-minute tracks. Both models aim to surpass Suno, the current category leader. The competition intensifies in the AI music generation space, with these advancements potentially disrupting the market and forcing Suno to innovate further to maintain its position.