Stability AI raises $76M Series B backed by music labels and EA
Stability AI raised a $76M Series B, bringing total funding to $232M, to build out creative production tools and professional services for entertainment companies using its image, video and music models.
Stability AI raised a $76M Series B, bringing total funding to $232M, to build out creative production tools and professional services for entertainment companies using its image, video and music models. (TechCrunch; Crunchbase News)
Investors include Universal Music Group, Sony Music Group, Warner Music Group, Electronic Arts, AMD Ventures and Pacific Alliance Ventures. Valuation was not disclosed. (TechCrunch; Crunchbase News)