Sony, Universal and Warner Music Back Stability AI in a $76M Series B
Stability AI has raised $76 million in a Series B funding round that includes investments from major record labels Sony, Universal, and Warner Music. The involvement of these industry titans suggests a strategic shift in how AI developers are approaching the legal and commercial complexities of music rights. This capital infusion provides the company with significant resources as it navigates ongoing debates regarding the use of copyrighted material in model training.
Covered by 2 sources
- CCelebrityAccess↗Aug 28
- WWowtale↗Aug 27