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

Stability AI, maker of image generator Stable Diffusion, raises $76 million in fresh funding | TechCrunch Disrupt doors open Oct. 13. Get your pass and bring someone with you at 50% off. REGISTER NOW. Stability AI, maker of image generator Stable Diffusion, raises $76 million in fresh funding Stability AI, the startup behind AI image generation model Stable Diffusion, has raised $76 million in Series B funding. The new haul brings the company s fundraising total to $232 million. The company announced the round Tuesday, saying the new capital comes partly from a number of prominent entertainment industry organizations, including Universal Music Group, Sony Music Group, Warner Music Group, and gaming giant Electronic Arts (EA). Two investment firms, AMD Ventures and Pacific Alliance Ventures, also took part. It s an unusual roster and a less typical venture round than a lineup of the companies Stability now depends on for content licensing and distribution deals. Stability AI CEO Prem Akkaraju, who joined the company in 2024, called the funding “an affirmation of our vision where generative AI empowers every producer, musician, and storyteller.” The company says it plans to use the money from its latest funding round to continue building out its creative production product suite while also expanding its professional services arm. Currently, Stability offers a variety of AI models that are designed for the purposes of AI music, video, and image generation. Stability, founded in 2019, has spent the past year signing deals to weave generative AI into entertainment companies creative workflows. It struck partnerships with Universal Music and EA last October and with Warner Music last November, each giving those companies a hand in co-developing Stability s AI tools rather than just licensing the output.. Stability has also had a mostly winning stretch in court. The company largely prevailed in a copyright lawsuit brought by Getty Images in the United Kingdom, which had accused the company of infringing upon IP rights by using the company s images in the training of its image generation model. A judge ruled largely in Stability s favor in that case, but a similar lawsuit from Getty in the U.S. is still working its way through the courts . Stability was also sued in 2023 by the company s co-founder, Cyrus Hodes, who claimed that he was tricked by the other co-founder, Emad Mostaque, into selling his share in the company. When you purchase through links in our articles, we may earn a small commission . This doesn’t affect our editorial independence. Lucas is a senior writer at TechCrunch, where he covers artificial intelligence, consumer tech, and startups. He previously covered AI and cybersecurity at Gizmodo. You can contact Lucas by emailing lucas.ropek@techcrunch.com. The Disrupt experience is meant to be shared. Get your pass and bring a colleague, partner, or peer at 50% off. Cover more ground by making connections, building momentum, and discovering what’s next in the startup ecosystem. Federal judge calls Flock ‘indiscriminate mass surveillance’ Amazon responds to data center backlash, says it no longer uses NDAs Google thinks SpaceX s Starship has to launch 1,800 times before space data centers get off the ground World’s first enhanced geothermal power plant completed in just 23 months Google releases Gemini 4 Argon, called its most powerful model yet The Pentagon taps Elon Musk and Palmer Luckey to help decide what the military should do next OpenAI launches Dots, its bubbly agentic avatar