11:31 ETThe Entertainment Industry's Biggest Names Back Stability AI in Latest Funding Round
prnewswire·- Stability AI announced a Series B fundraise of $ 76 M, bringing its total funding to $ 232 M under CEO Prem Akkaraju. - The funding round was backed by major entertainment and technology companies, including Electronic Arts, Sony Music Group, Universal Music Group, and Warner Music Group. - The new capital will be used to develop creative production products, deepen applied research, and expand professional services for creatives.MSCI Inc. Stock Outperforms Competitors On Strong Trading Day
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