Stability AI, maker of image generator Stable Diffusion, raises $76 million in fresh funding

Stability AI, creator of Stable Diffusion, secured $76 million in Series B funding from major entertainment and gaming companies, boosting its total funding to $232 million. The company plans to expand its AI creative tools and professional services, building on partnerships with Universal Music, Sony Music, Warner Music, and Electronic Arts. Stability AI has also faced and largely won legal challenges over copyright issues related to its AI training data.