Stability AI raises $76M Series B backed by Electronic Arts, Sony Music, Universal Music, Warner Music
Original titleThe Entertainment Industry’s Biggest Names Back Stability AI in Latest Funding Round
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Stability AI announced a $76M Series B round, bringing total funding to $232M under CEO Prem Akkaraju, with new investors including Electronic Arts, Sony Music Group, Universal Music Group, and Warner Music Group.
The company said the capital will fund its creative production product suite, applied research, and professional services. The announcement followed the launch of Stable Audio 3.0, a family of open-weight music models trained on fully licensed data.
Source: Stability AI · stability.aiPublished · added here