a year ago
Stability AI Raises $80M to Fuel Visual AI Ecosystem
British startup Stability AI raises $80m from investors including Coatue and Lightspeed, appoints new CEO Prem Akkaraju and confirms board with Sean Parker as executive chairman.
ProblemTechnology
"Creating and sharing high-quality, customizable AI-generated images can be technically challenging and expensive, limiting access for many individuals and businesses."
Solution
"Stability AI offers Stable Diffusion, an open-source platform that makes it easy and affordable for anyone to create and share AI-generated images using simple text prompts and customization options."