AI Matters

Why it matters

Stability AI secures seventy-six million dollars in new funding

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

Stability AI, the creator of the Stable Diffusion image generator, raised $76 million in fresh funding, bringing its total fundraising to $232 million.

Why it matters

The fresh capital ensures the continued development of popular open-source image and media generation models, keeping proprietary rivals in check.