How much money is stable diffusion seeking to raise?

The parent company of Stable Diffusion, an AI tool for making digital images, is seeking to raise money at a valuation of about $4 billion, according to people familiar with the matter, who asked to not be identified because it isn’t public. It isn’t clear how much capital Stability AI Ltd. is seeking to raise in the potential round.

What is stability AI?

Stability AI, the company funding the development of open source music- and image-generating systems like Dance Diffusion and Stable Diffusion, today announced that it raised $101 million in a funding round led by Coatue and Lightspeed Venture Partners with participation from O’Shaughnessy Ventures LLC.

Why is stable diffusion a landmark event for AI?

“The open way that Stable Diffusion’s image generation model was released — allowing users to run it on their own machines, not just via API — has made it a landmark event for AI,” said Andrew Ng, Ph.D., a globally recognized leader in AI. He is founder and CEO of DeepLearning AI, and founder and CEO of Landing AI.

Is stable diffusion a unicorn?

The parent company of Stable Diffusion, an artificial intelligence tool that makes digital art, has reached unicorn status after raising funds from some top names in venture capital. Stability AI Ltd. raised $101 million in a seed round led by Coatue Management and Lightspeed Venture Partners, according to a statement reviewed by Bloomberg News.