Stable Diffusion news and trends

Report: Stability AI Secures $50 Million in Financing

November 09, 2023
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Report: Stability AI Secures $50 Million in Financing

November 09, 2023
Stability AI, the artificial intelligence (AI) startup recognized for its Stable Diffusion image-generating software, has reportedly raised about $50 million in financing. This cash infusion was obtained through a convertible note, Bloomberg reported Thursday (Nov. 9), citing unnamed sources. Reached for comment by PYMNTS, a Stability AI spokesperson said in an emailed statement: “Due to our […]