Universal, Sony, Warner join $76M funding round in Stability AI

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The three major music companies have all just banked equity in Stability AI – by joining a USD $76 million Series B investment into the gen-AI company. Universal Music Group, Sony Music Group, and Warner Music Group join a Series B investor coalition that also includes gaming giant Electronic Arts, plus investment firms AMD Ventures … Continued

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source https://www.musicbusinessworldwide.com/universal-sony-warner-join-76m-funding-round-in-stability-ai/

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