$80.0M
The London-based unicorn has appointed Prem Akkaraju as chief executive alongside its latest financing.
London-based Stability AI builds open-source generative models across imaging, audio, and code.
Stability AI develops open-source generative models for imaging, text, and audio, anchored by its flagship Stable Diffusion software.
Emad Mostaque
Founder and CEO
Mohammad Mostaque
Founder
The London-based unicorn has appointed Prem Akkaraju as chief executive alongside its latest financing.
The oversubscribed round was led by Coatue, Lightspeed Venture Partners and O'Shaughnessy Ventures to expand open artificial intelligence development.