Stability AI Raises $76 Million From Music Giants and EA, Taking Total Funding to $232 Million
Updated
Updated · TechCrunch · Aug 25
Stability AI Raises $76 Million From Music Giants and EA, Taking Total Funding to $232 Million
3 articles · Updated · TechCrunch · Aug 25
Summary
$76 million in Series B financing gives Stability AI fresh capital to expand its creative-production tools and professional services business.
Universal Music, Sony Music, Warner Music and Electronic Arts joined AMD Ventures and Pacific Alliance Ventures in a round that doubles as a strategic bet by companies already working with Stability on licensing and distribution.
Those ties have deepened over the past year: Stability struck partnerships with Universal Music and EA in October and with Warner Music in November to co-develop generative AI tools for creative workflows.
The funding lands as Stability navigates legal scrutiny but gains momentum from a largely favorable U.K. ruling in Getty Images' copyright case, while a parallel U.S. lawsuit is still pending.