Stability AI, the startup behind Stable Diffusion, raises $101M

Stability AI, the company funding the development of open source music- and image-generating systems like Dance Diffusion and Stable Diffusion, today announced that it raised $101 million in a funding round led by Coatue and Lightspeed Venture Partners with participation from O’Shaughnessy Ventures LLC. The tranche values the company at $1 billion post-money, according to a Bloomberg source, and comes as the demand for AI-powered content generation accelerates.
Stability AI is the brainchild of CEO Emad Mostaque. Having graduated from Oxford with a Master’s in mathematics and computer sc

リンク元