Nvidia calls Fugatto, short for Foundational Generative Audio Transformer Opus 1, a "Swiss Army knife for sound" as it jumps into the AI music space.

Nvidia says its new AI music editor can create “sounds never heard before” — like a trumpet that meows. The tool, called Fugatto, is capable of generating music, sounds, and speech using text and audio inputs it’s never been trained on.

Described as a "Swiss Army knife for sound", Nvidia's AI model can also be used to separate stems and transform existing music

At this point, anyone who has been following AI research is long familiar with generative models that can synthesize speech or melodic music from nothing but text prompting. Nvidia's newly revealed "Fugatto" model looks to go a step further,

Researchers have developed an AI audio generator that they claim can create sounds that have never been heard before. The new generative artificial intelligence model, called Fugatto, was built by a team at computer chip giant Nvidia who wanted to create a “Swiss Army knife for sound”.

Nvidia’s Fugatto is designed for ‘film or audio productions,’ but it can also create the sound of a saxophone howling like a dog.

From meowing trumpets to barking saxophones, Nvidia’s latest AI music editor is pushing the boundaries of audio creativity.

Graphics and AI giant NVIDIA has announced a new AI model called Fugatto (). Developed by an international team of researchers. It is being billed as "the world’s most flexible sound machine" taking on ElevenLabs and AI music maker Suno in one hit.

CNBC's Deidre Bosa joins 'The Exchange' with the latest details about Nvidia.