The Text to Music AI Tool, created by @markdoppler_, allows users to generate audio by converting text descriptions into music. Users can log in with their email, confirm it, and then use the tool to transform their written descriptions into musical compositions. The tool includes unique features such as Musicgen and Riffusion, which generate melodies and drum beats respectively. Users can input prompts in English and specify the desired number of compositions to generate. They have the option to keep the generated audio public or private. Potential applications of this tool include creating original music compositions, experimenting with musical ideas, and generating background music for various media projects.