Stability AI

Stability AI
Stability AI
  • Headquarters

    London, UK
  • Founded

    2019
  • CEO / Founder

    Prem Akkaraju
  • Employees

    51-200
  • Funding

    Series B — $180M
  • Products

    1 product listed
  • Avg. AI Score

    7.7/10

Profile updated

Products
1
Avg AI Score
7.7/10
Founded
2019
Funding
$232M
About Stability AI

Stability AI is a generative AI research company founded in 2019 in London by Emad Mostaque. The company is best known for releasing Stable Diffusion, the open-source text-to-image model that catalyzed the 2022 generative AI wave, along with subsequent models for audio, video, language, and 3D.

Stability serves developers, media companies, and enterprises customizing open models, including partnerships with WPP and James Cameron's Lightstorm Vision. The company has pivoted toward enterprise and creative-industry applications.

Prem Akkaraju, former CEO of Weta Digital, was appointed CEO in June 2024 alongside an approximately $80 million investment from Eric Schmidt, Greycroft, Coatue, Sound Ventures, and Lightspeed. Emad Mostaque departed in March 2024.

Specialties
Generative AIOpen Source AI ModelsText-to-ImageFoundation ModelsCreative AI
Financials

Dated, source-cited figures. Estimates are marked.

Valuationest.
$1B
techcrunch.com
Total Raisedest.
$232M
Products by Stability AI

All products by Stability AI reviewed by our AI panel of experts.

How Our Review Panel Scores Stability AI

Six independent reviewer personalities assessed Stability AI's product on their own terms. They landed within 0.9 points of each other, an unusually strong consensus.

The Domain Strategist
8.1
The Decision Maker
7.8
The Domain Practitioner
7.8
The Power User
7.8
The Finance Lead
7.2
The Skeptic
7.2

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Stability AI competes with, and how they differ.

Company Timeline

Key milestones in Stability AI's history, with sources.

  1. Funding

    Closes $76M Series B backed by all three major music labels

    Stability AI closed a $76 million Series B strategic round with Universal Music Group, Sony Music Group, Warner Music Group and Electronic Arts as equity investors, making it the first AI company to receive equity investment from all three major music labels; the round brought total funding raised to $232 million.

    musicbusinessworldwide.com
  2. Partnership

    WPP invests and forms AI content-production partnership

    Advertising holding company WPP announced a strategic investment in Stability AI alongside a multi-year partnership to use Stability AI's image, video, 3D and audio models across WPP's advertising and entertainment production, integrating the tools into WPP's WPP Open AI system.

    wpp.com
  3. Funding

    Recapitalizes with new investor group, names Prem Akkaraju CEO

    Stability AI closed an approximately $80 million recapitalization round from Sean Parker, Eric Schmidt, Coatue Management, Lightspeed Venture Partners, Greycroft and others; Prem Akkaraju, former CEO of Weta Digital, was named CEO and Sean Parker became Executive Chairman.

    completemusicupdate.com
  4. Milestone

    Founder and CEO Emad Mostaque resigns

    Founder and CEO Emad Mostaque resigned amid investor pressure and a wave of senior staff departures; COO Shan Shan Wong and CTO Christian Laforte became interim co-CEOs.

    fortune.com
  5. Funding

    Raises $101M at $1B valuation

    Stability AI raised $101 million led by Coatue Management and Lightspeed Venture Partners, valuing the company at $1 billion following the viral open-source release of Stable Diffusion.

    techcrunch.com

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