Universal, Sony, Warner and EA Put $76M Into Stability AI, the Companies That Sued Over Training Data

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Stability AI closed a $76 million Series B on August 25 backed by Universal Music Group, Sony Music Group, Warner Music Group, Electronic Arts, AMD Ventures and Pacific Alliance Ventures, bringing total fundraising to $232 million. The money goes toward its creative-production product suite and a professional services arm. The investor list is the story: three major labels taking equity in a generative image company is a shift from the litigation posture the music industry held toward Stable Diffusion.