avatarDariusz Gross #DATAsculptor

Summary

Stability AI, a community-driven, open-source AI firm, has raised $101 million in funding to accelerate the development of machine learning models in various domains, including image, language, audio, video, and 3D art.

Abstract

Stability AI, a leading independent multimodal AI company, has announced a successful fundraising round of $101 million, led by Coatue, Lightspeed Venture Partners, and O’Shaughnessy Ventures LLC. The funds will be used to expedite the creation of machine learning models in multiple areas, such as image, language, audio, video, and 3D art. Stability AI is the organization behind Stable Diffusion, a powerful text-to-image generator that has gained significant traction since its release in August 2022. The company's consumer product, DreamStudio, has also attracted over a million registered users from more than 50 countries, who have collectively generated over 170 million images. Stability AI's open-source strategy and engagement with AI developer communities have enabled fast innovation and widespread access to the technology.

Bullet points

  • Stability AI raises $101 million in funding led by Coatue, Lightspeed Venture Partners, and O’Shaughnessy Ventures LLC.
  • Funds will be used to accelerate the development of machine learning models in various domains.
  • Stability AI is the creator of Stable Diffusion, a popular text-to-image generator.
  • DreamStudio, a consumer product by Stability AI, has gained over a million registered users from more than 50 countries.
  • Stability AI's open-source strategy and collaboration with AI developer communities have facilitated rapid innovation and technology access.

Generate art with your own trained models

$101 Million for AI art generator

the only independent multimodal AI

LARGE congrats

The first community-driven, open-source AI firm announced $101 million in fundraising. Coatue, Lightspeed Venture Partners, and O’Shaughnessy Ventures LLC led the oversubscribed round of funding, which will be used by Stability AI to speed up the creation of Machine Learning models in the areas of image, language, audio, video, and 3D art.

Tune your private AI art generator

Enter The World Of Diffusion Models

Stability AI is the company behind Stable Diffusion, a powerful text-to-image generator that came out in August 2022 and is free and open-source. Since its release, more than 200,000 developers worldwide have downloaded and licensed Stable Diffusion. In addition, DreamStudio, a product for consumers made by Stability AI, quickly gained more than a million registered users from more than 50 countries and made more than 170 million images together.

Machine Learning Art has the potential to address some of humanity’s most pressing problems. However, we can only tap into this potential if the technology is available to everyone. By returning control to the developer community, Stability AI paves the way for game-changing software to be created. Having a non-governmental organization (NGO) dedicated to helping these communities would be a huge boon.

AI is everywhere 🟠 But the question is, how much do you love it?

Fast innovation and widespread access to the technology have been made possible by the Machine Learning open-source strategy and engagement with communities of artificial intelligence software developers.

Machine learning quickly moves into traditionally human-dominated fields like music and the arts. So having a firm grasp of these tools is crucial if you want to thrive in today’s competitive workplace.

MLearning.ai is an online hub for AI-powered creative solutions. The purpose of this plan is to increase output in the creative sector.

First major funding milestone for StabilityAI at $1 billion

Tools developed by artificial intelligence that are simple and fast to use and yet vastly increase the quality of our everyday creative work:

I invite you to explore the concept of Machine Learning Art by reading and learning from the many articles found on 🔵 MLearning.ai 🟠

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Keywords: computer vision, Artificial Intelligence, Machine Learning, AI art, art, wombo dream, digital art, Dalle 2, Imagen, wombo ai, Parti, 3D point cloud, diffusion models, generative art, wombo art, photographic quality, img by AI system, AI art generator, text to art generator, 3D, midjourney, dalle2, stablediffusion,

https://beta.dreamstudio.ai/home

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