News Score: Score the News, Sort the News, Rewrite the Headlines

Stability AI Raises $76 Million from UMG, WMG, Sony Music, More

Stability AI, the AI startup backed by the likes of James Cameron and Sean Parker, has raised $76 million in a Series B funding round from a roster of investors including some of the entertainment industry’s top record labels and gaming companies. The company’s newest investors include the top three record labels, Universal Music Group, Warner Music Group and Sony Music Entertainment; the gaming company Electronic Arts; and the investment firms AMD Ventures and Pacific Alliance Ventures. The inv...

Read more at variety.com

© News Score  score the news, sort the news, rewrite the headlines