Stability AI raises $76M, with Warner and Sony investing
Tech.eu 1 month ago 18 ● 4 sources
Stability AI raised a $76m Series B funding round with music-industry investors including Sony Music Group, Universal Music Group, and Warner Music Group, plus Electronic Arts, as the startup shifted its focus from the UK to the US. The round brings Stability AI’s total funding to $232m, including equity rounds and convertible notes. The company says it will use the money to support creative production and research, and the new backing follows deals to build AI models using partner catalogues and intellectual property.