Stability AI Unveils 3 Audio Models After $76 Million Label-Backed Funding
Updated
Updated · TechCrunch · Oct 2
Stability AI Unveils 3 Audio Models After $76 Million Label-Backed Funding
2 articles · Updated · TechCrunch · Oct 2
Summary
$76 million from Sony, Warner and Universal helped Stability AI roll out three audio models and music-editing software aimed at professional users.
The company says the tools can generate full instrumental tracks or short snippets from text prompts, with a coming update letting users guide output by humming melodies or beatboxing rhythms.
Sean Parker and CEO Prem Akkaraju are repositioning Stability as an AI toolmaker for the music industry after Parker joined an $80 million rescue two years ago.
That reset follows Stability's near-collapse, when overspending and internal turmoil led to founder Emad Mostaque's ouster; the new label deals also include catalog licenses for training.