NVIDIA has announced a new text-to-audio model called Fugatto, which can create ‘any combination of music, videos and sounds’.Fugatto is trained on 2.5 billion parameters and built on top of NVIDIA DGX systems, with 32 NVIDIA H100 GPUs.The tool is positioned for audio producers, video game developers, language learning tools, and ad agencies.When released, Fugatto will compete with existing audio generation tools such as ElevenLabs and SunoAI.