Sean Parker is rebuilding Stability AI around music
Sean Parker is refocusing Stability AI on licensed music tools after a $76 million label-backed round.
Sean Parker and CEO Prem Akkaraju are repositioning Stability AI as an AI toolmaker for music professionals. In late August the company raised $76 million from investors including Sony, Warner, and Universal, which also licensed catalogs for training. Stability has released three audio models and editing software that can generate instrumental tracks or short snippets from text prompts. Parker says a coming update will let users hum a melody or beatbox to steer generation.
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