Stability AI, which has deals with UMG, WMG, and EA to build AI models from their IP, raised a $76M Series B from them, Sony Music, and others (Corbin Bolies/Variety)
Major music and gaming rightsholders are now backing Stability AI directly.
Stability AI raised a $76 million Series B from investors including UMG, WMG, EA, Sony Music, and others. The company already has deals with UMG, WMG, and EA to build AI models using their IP. The round puts several content owners on both sides of Stability’s licensing push. Techmeme's note
Stability AI raised a $76 million Series B from investors including UMG, WMG, EA, Sony Music, and others. The company already has deals with UMG, WMG, and EA to build AI models using their IP. The round puts several content owners on both sides of Stability’s licensing push. Techmeme's note
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