TechCrunchStability AI, the startup behind the Stable Diffusion image generator, announced a $76 million Series B round on Tuesday, bringing its total funding to $232 million. The round attracted an unusual mix of investors, including Universal Music Group, Sony Music Group, Warner Music Group and Electronic Arts, alongside venture firms AMD Ventures and Pacific Alliance Ventures. CEO Prem Akkaraju said the capital validates the company’s vision to embed generative AI across creative workflows. Stability plans to expand its “creative production” tools and grow its professional services arm, while continuing to forge partnerships in music, video and gaming.
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