Cointime

  • BTC $16181.21 0.05 %
  • ETH $1167.55 0.08 %
  • BCH $110.10 0.09 %
  • SOL $13.25 0.08 %
  • XRP $0.39 0.00 %
  • BNB $291.10 0.07 %

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

1 min read

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.

All Comments