News
Stability AI raises $76 million in Series B funding.
Stability AI announced the completion of a $76 million (approximately RMB 512 million) Series B funding round. The funds will be used for creative product development, applied research, and expansion of professional services. Investors include EA, Sony Music, Universal Music, Warner Music, and AMD Ventures. CEO Prem Akkaraju stated that the investor group will provide funding, expertise, industry credibility, and direct connections with artists, helping to empower creative professionals with generative AI.