{"id":86578,"date":"2026-08-27T01:38:53","date_gmt":"2026-08-27T01:38:53","guid":{"rendered":"https:\/\/site.itshrt.com\/hiphopmagizine\/sony-music-group-universal-music-group-warner-music-group-more-back-stability-ai-in-latest-funding-round\/"},"modified":"2026-08-27T01:38:53","modified_gmt":"2026-08-27T01:38:53","slug":"sony-music-group-universal-music-group-warner-music-group-more-back-stability-ai-in-latest-funding-round","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/hiphopmagizine\/sony-music-group-universal-music-group-warner-music-group-more-back-stability-ai-in-latest-funding-round\/","title":{"rendered":"Sony Music Group, Universal Music Group, Warner Music Group &#038; More Back Stability AI in Latest Funding Round."},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt Hip Hop Magizine News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"9431463036\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p><span style=\"color: #000000;\">Stability AI, the leader in purpose-built AI products for professional creatives across music, gaming, and entertainment, today announced a Series B fundraise of $76M in new capital. The news brings total funding to $232M, inclusive of two equity rounds and convertible notes, under CEO Prem Akkaraju since his appointment in June 2024. The capital will fuel the development of its product suite for creative production, deepen its applied research discipline, and expand its professional services arm.<\/span><\/p>\n<p><span style=\"color: #000000;\">The round welcomes a new group of investors across entertainment and technology, including interactive entertainment innovator Electronic Arts, global leaders in music entertainment Sony Music Group, Universal Music Group and Warner Music Group, and investment firms AMD Ventures and Pacific Alliance Ventures.<\/span><\/p>\n<p><span style=\"color: #000000;\">They join an already stacked roster of the who\u2019s who across the entertainment and technology industries backing Stability AI: Coatue, Greycroft, Kadmos Capital, Lightspeed Venture Partners, Mantis Capital, Sound Ventures, and WPP, alongside individual investors Sean Parker, Eric Schmidt, James Cameron, Kevin Mayer, Mark Burnett, Patrick Whitesell, Prem Akkaraju, and Robert Nelsen.<\/span><\/p>\n<p><span style=\"color: #000000;\">Coatue, Greycroft, Kadmos Capital, Sean Parker, and Eric Schmidt are also participating in the Series B, investing for a second consecutive round under new leadership.<\/span><\/p>\n<p><span style=\"color: #000000;\">\u201cThis unmatched group of investors is an affirmation of our vision where generative AI empowers every producer, musician, and storyteller,\u201d said Prem Akkaraju, CEO of Stability AI. \u201cStability 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\u2019s what we have done here.\u201d Akkaraju added, \u201cOur investors set us up for long-term success because they provide not only capital, but expertise, credibility, and direct connection to artists.\u201d<\/span><\/p>\n<p><span style=\"color: #000000;\">This round includes investments from existing strategic partners Electronic Arts, Universal Music Group, and Warner Music Group. WPP, a global leader in marketing services, has been a strategic partner and investor throughout Stability AI\u2019s growth under new leadership.<\/span><\/p>\n<p><span style=\"color: #000000;\">The announcement comes on the heels of the launch of Stable Audio 3.0, a family of open-weight music models trained on fully licensed data. Artists can now bring Stable Audio 3.0 into their workflow through a new DAW (Digital Audio Workstation) plugin.<\/span><\/p>\n<p><span style=\"color: #000000;\">Additionally, Stability AI has announced that Coatue Co-Founder Thomas Laffont has joined its Board of Directors.<\/span><\/p>\n<div class=\"code-block code-block-2\" style=\"margin: 8px auto; text-align: center; display: block; clear: both;\">\n<a title=\"Hip-Hop hats, buckets, snapbacks, beanies.\" href=\"https:\/\/rapindustry.com\/shop\/\" target=\"_blank\" rel=\"noopener\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-64516 size-full\" alt=\"\" width=\"800\" height=\"500\" src=\"https:\/\/rapindustry.com\/wp-content\/uploads\/2026\/04\/hip-hop-hats.jpg\"\/><img decoding=\"async\" class=\"aligncenter wp-image-64516 size-full\" src=\"https:\/\/rapindustry.com\/wp-content\/uploads\/2026\/04\/hip-hop-hats.jpg\" alt=\"\" width=\"800\" height=\"500\"\/><\/a><\/div>\n<p><span style=\"color: #000000;\">\u201cWhile 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,\u201d said Thomas Laffont, Co-Founder of Coatue. \u201cI\u2019m glad to be joining Prem and the team.\u201d<\/span><\/p>\n<p><span style=\"color: #000000;\">Laffont rounds out a board that includes Academy Award-winning filmmaker James Cameron, entrepreneur, philanthropist, and former President of Facebook Sean Parker, Greycroft Co-Founder and Managing Partner Dana Settle, and Stability AI CEO and former CEO of Weta Digital Prem Akkaraju. With this new funding, Stability AI will continue to build creative tools designed around the artist\u2019s process, across music, gaming, and entertainment.<\/span><\/p>\n<div class=\"code-block code-block-3\" style=\"margin: 8px auto; text-align: center; display: block; clear: both;\">\n<a href=\"https:\/\/www.bshntrk.com\/39S894\/9PDGHT\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-63241\" alt=\"\" width=\"700\" height=\"400\" src=\"https:\/\/rapindustry.com\/wp-content\/uploads\/2026\/06\/DisneyHulu900.jpg\"\/><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-63241\" src=\"https:\/\/rapindustry.com\/wp-content\/uploads\/2026\/06\/DisneyHulu900.jpg\" alt=\"\" width=\"700\" height=\"400\"\/><\/a> <\/div>\n<p><!-- CONTENT END 1 -->\n\t\t\t\t\t\t\t\t\t<\/div>\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n 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Series<\/p>\n","protected":false},"author":1,"featured_media":86579,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[540,58,39,9147,6110,7716],"class_list":["post-86578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ai","tag-behind-the-scenes","tag-news","tag-sony-music-group","tag-umg","tag-warner-music-group"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sony Music Group, Universal Music Group, Warner Music Group &amp; More Back Stability AI in Latest Funding Round. - Hip Hop News<\/title>\n<meta name=\"description\" content=\"&quot;This unmatched group of investors is an affirmation of our vision where generative AI empowers every producer, musician, and storyteller,&quot;\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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AI, the leader in purpose-built AI products for professional creatives across music, gaming, and entertainment, today announced a 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