Stability AI, the AI startup backed by the likes of James Cameron and Sean Parker, has raised $76 million in a Series B funding round from a roster of investors including some of the entertainment industry’s top record labels and gaming companies. The company’s newest investors include the top three record labels, Universal Music Group, Warner Music Group and Sony Music Group; the gaming company Electronic Arts.
Source: Stability AI Raises $76 Million in Funding Round Backed by Major Labels