HedgeCo.Net — Stability AI said it had closed a $76 million Series B, taking total funding to $232 million under chief executive Prem Akkaraju. The company announcement is on PR Newswire. TechCrunch and Variety independently printed the same $76 million Series B and the same $232 million cumulative.
New money came from Universal Music Group, Sony Music Group, Warner Music Group, Electronic Arts, AMD Ventures, and Pacific Alliance Ventures, those outlets said. Coatue, Greycroft, Kadmos Capital, S...
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