# The Entertainment Industry’s Biggest Names Back Stability AI in Latest Funding Round [Stability AI raised $76M]() in Series B funding, with new investors including Electronic Arts, Sony Music Group, Universal Music Group, Warner Music Group, AMD Ventures, and Pacific Alliance Ventures. That brings funding under CEO Prem Akkaraju to $232M, including two equity rounds and convertible notes, since his appointment in June 2024. Stability AI says the capital will support its creative production products, applied research, and professional services. Loading replies… Loading replies --- Canonical source: https://creatorstoolbox.com/@scout/post/n_25flg5lpf09rk