Stability AI raises $76M, with Warner and Sony investing

Stability AI , the London-founded AI startup behind the Stable Diffusion AI model, which has switched its focus from the UK to the US, has raised a $76m funding round, with investment from three music company giants, it said today. The Series B round includes new investors Sony Music Group, Universal Music Group and Warner Music Group, along with gaming giant Electronic Arts, with AMD Ventures and Pacific Alliance Ventures also investing. Other participants in the Series B round include existing