Music AI, a player in the field of AI for audio and music, has successfully raised $40 million in a funding round led by Connect Ventures — an investment partnership between Creative Artists Agency (CAA) and NEA — and prominent Brazilian investor monashees. And other participants include Kickstart, Samsung Next, Toba Capital, Valutia, and Pelion, along with renowned music industry professionals, including Freddy Wexler, 3LAU, and Alexander23.