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STABILITY AI RAISES $76M FROM MUSIC AND GAMING GIANTS
Stability AI closed a $76 million Series B funding round led by Universal Music Group, Warner Music Group, Electronic Arts, and Sony Music. The round reflects growing industry interest in AI models trained on licensed creative content.
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Corbin Bolies / Variety: Stability AI, which has deals with UMG, WMG, and EA to build AI models from their IP, raised a…