The Information: Stability AI receives over $100 million in funding from investment group
Stability AI company has received funding from an investment group led by Sean Parker, with a total investment of over $100 million, but the specific amount has not been disclosed. In addition, Stability AI company also announced a CEO change, with former CEO of visual effects company Weta Digital, Prem Akkaraju, taking over the position.Previously, Stability AI reached a partnership with Render Network to use a decentralized GPU network to massively expand AI training and inference capabilities at a low cost.
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