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Stability AI raises $76mn from Universal, Warner, Sony Music and EA — Blankdot

thenextweb.com4 weeks ago

Stability AI raises $76mn from Universal, Warner, Sony Music and EA

Stability AI raises $76mn from Universal, Warner, Sony Music and EA

The world’s three largest record companies have bought equity in a generative AI company. Universal Music Group, Warner Music Group and Sony Music Group are all new investors in Stability AI’s $76mn Series B. The company announced the round on Tuesday. The games publisher Electronic Arts joined it,…

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