Stable Diffusion parent company, Stability AI raises $101 million

Stability AI raised a $101M seed at ~$1B valuation, and its CEO says Stable Diffusion has 10M DAUs and its web app DreamStudio has 1.5M+ users

Stability AI will use the funding to accelerate the development of open AI models for image, language, audio, video, 3D, and more, for consumer and enterprise use cases globally.

[Via]

Sign Up for NextBigWhat Newsletter

Curated. Summarized. Important News. For free.

You May Also Like