STABILITY AI STABILIZED BY INVESTMENT FROM SILICON VALLEY ROYALTY, NEW EXECUTIVE TEAM

Summary from the TLDR newsletter

Stability AI has secured investors including venture capital firms Greycroft and Coatue Management, former Facebook president Sean Parker, former CEO of special effects house WETA Digital Prem Akkaraju, former Google and Novell boss Eric Schmidt, and investor Robert Nelsen, who has been involved in 47 companies that achieved billion-dollar valuations.