@Variety: Stability AI, the AI startup backed by James Cameron and Sean Parker, has raised $76M in a new round of funding from in…
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Stability AI has raised $76 million in a new funding round from investors including Universal Music Group, Warner Music Group, Sony Music Entertainment, and Electronic Arts to build new AI models using their intellectual property.
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Stability AI, the AI startup backed by James Cameron and Sean Parker, has raised $76M in a new round of funding from investors, including:
• The top three record labels: Universal Music Group, Warner Music Group and Sony Music Entertainment
• The gaming company Electronic Arts
• The investment firms AMD Ventures and Pacific Alliance Ventures
The investment follows deals Stability AI has struck with UMG, WMG, and Electronic Arts to build new AI models using the companies’ respective catalogs and intellectual property.
https://variety.com/2026/biz/news/stability-ai-raises-76-million-funding-round-1236842351/…
Stability AI Raises $76 Million from UMG, WMG, Sony Music, More
Source: https://variety.com/2026/biz/news/stability-ai-raises-76-million-funding-round-1236842351/ Stability AI, the AI startup backed by the likes of James Cameron and Sean Parker, has raised $76 million in a Series B funding round from a roster of investors including some of the entertainment industry’s top record labels and gaming companies.
The company’s newest investors include the top three record labels,Universal Music Group,Warner Music GroupandSony MusicEntertainment; the gaming companyElectronic Arts; and the investment firms AMD Ventures and Pacific Alliance Ventures. The investment follows deals Stability AI has struck withUMG, WMG andElectronic Artsto build new AI models using the companies’ respective collection of catalogues and intellectual property.
The latest funding round brings the company’s total funding raised to $232 million under Prem Akkaraju, who joined the company as CEO in 2024. Stability AI broke ground in 2022 with the release of its open-source text-to-image model Stable Diffusion, and the company has made open-source models a priority of its work.
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It follows the company’s May debut of its latest audio model backed by licensed data, Stable Audio 3.0, which comes as the music industry navigates how to engage with AI music generators initially trained on unlicensed tracks.
“This unmatched group of investors is an affirmation of our vision where generative AI empowers every producer, musician and storyteller,” Akkaraju said in a statement. “Stability is unique in the AI field because we are creative people making tools for creatives. Developing industry-defining technology means assembling a team of industry-defining titans and that’s what we have done here.”
Individual investors in this round include Eric Schmidt and board member Parker, both of whom previously invested in the company. Other returning investors include Greycroft, Kadmos Capital and Coatue, and Coatue co-founder Thomas Laffont will join Stability’s board.
“While others are building generalized AI, Stability AI is building creative tools, and doing it alongside the artists, studios, and rights holders whose work defines the field,” Laffont said in a statement. “I’m glad to be joining Prem and the team.”
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