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."

      Covered on