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Major record labels, AMD back $76M round for Stability AI

Photo: SiliconANGLE

What happened

Artificial intelligence developer Stability AI Ltd. today announced that it has raised $76 million in funding from a group of prominent investors. The consortium included Sony Music Group, Universal Music Group and Warner Music Group, the world’s three largest record labels. They were joined by more than a half dozen others including AMD Ventures. London-based […] The post Major record labels, AMD back $76M round fo…

Summary assembled by rule from the sources below

Sources