Business
Universal, Sony and Warner invest in Stability AI's $76 million round
All three major music groups joined the generative-media company's Series B. The announcement names the investors but does not disclose their individual stakes or a valuation.
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Stability AI has raised $76 million in a Series B backed by Sony Music Group, Universal Music Group and Warner Music Group. Electronic Arts, AMD Ventures and Pacific Alliance Ventures also joined the round, alongside returning investors.
The company says the financing brings capital raised under chief executive Prem Akkaraju to $232 million and will support creative-production products, applied research and professional services. It did not publish a valuation or the size of each investor's stake.
The labels now own part of the toolmaker
Universal and Warner already have strategic agreements with Stability AI to develop creative tools. Sony is named as a new investor in this round, but Stability's announcement does not describe a separate Sony product partnership.
An equity investment gives the music groups a financial relationship with the model company. It does not describe which catalogues may be used, what artists approve or how any future revenue will be divided.
Stability describes Stable Audio 3.0 as a family of open-weight music models trained on licensed data. The announcement does not publish the training catalogue, an independent audit or terms for artist compensation.