Stability AI Funding: $76M From the Music Majors

$76M is the round — the $232M total already includes it

New capital in this Series B comes to $76M. Stability AI says the money goes to three places: its product suite for creative production, its applied research, and its professional services arm.

The other number in the release is a running total. The $232M covers everything raised under Prem Akkaraju since he became CEO in June 2024, across two equity rounds — sales of new shares — and convertible notes, which are loans that turn into shares later. The $76M sits inside that $232M rather than alongside it.

Two numbers, often conflated

Figure	What it means
$76M	New capital in this Series B
$232M	Running total under Akkaraju since June 2024, the $76M included

Akkaraju came from Weta Digital, where he was CEO before moving to Stability AI in 2024. Stability AI describes itself as a maker of purpose-built AI products for professional creatives in music, gaming and entertainment.

All three majors in the same round

Sony Music Group, Universal Music Group and Warner Music Group all joined on the recorded-music side. Electronic Arts came in from games.

Two investment firms joined as well: AMD Ventures and Pacific Alliance Ventures. Coatue, Greycroft, Kadmos Capital, Sean Parker and Eric Schmidt have now backed two rounds in a row under Akkaraju.

Who joined this round

Category	Investors
Games	Electronic Arts
Music	Sony Music Group / Universal Music Group / Warner Music Group
Firms	AMD Ventures / Pacific Alliance Ventures
Repeat backers	Coatue / Greycroft / Kadmos Capital / Sean Parker / Eric Schmidt

Electronic Arts, Universal and Warner were already strategic partners, and now they own shares as well. Coatue co-founder Thomas Laffont also joined a board that already includes James Cameron, Sean Parker and Greycroft's Dana Settle.

Stable Audio 3.0 is trained on fully licensed data

The funding lands right after Stable Audio 3.0, a family of open-weight music models trained only on data licensed from rights holders. Open-weight means the model weights are published, so anyone can download them and run the models on their own machine.

Stability AI ships it as a plugin for DAWs, the recording software musicians already work in, and it also runs directly on StableAudio.com. Elsewhere in music AI, Apple Music will start showing Made With AI labels on tracks later this year; see Apple Music AI labels: who must tag AI music.

Rights holders are now shareholders

The three major music groups now hold shares in a company whose models generate music. Electronic Arts, already a strategic partner, put capital in alongside them. The round brought in $76M, and the total under Akkaraju stands at $232M with that $76M counted in.

Akkaraju says the investors bring more than capital: expertise, credibility and a direct connection to artists. The announcement covers the money and the board seat. It says nothing about how the licensed-only models actually perform, and no independent assessment has been published yet.