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Sep 7, 2022

Startup Behind AI Image Generator Stable Diffusion Is In Talks To Raise At A Valuation Up To $1 Billion

Posted by in categories: internet, robotics/AI

With the image generator Stable Diffusion, you can conjure within seconds a potrait of Beyoncé as if painted by Vincent van Gogh, a cyberpunk cityscape in the style of 18th century Japanese artist Hokusai and a complex alien world straight out of science fiction. Released to the public just two weeks ago, it’s become one of several popular AI-powered text-to-image generators, including DALL-E 2, that have taken the internet by storm.

Now, the company behind Stable Diffusion is in discussions to raise $100 million from investors, according to three people with knowledge of the matter.


Stability AI’s open source text-to-image generator was released to the general public in late August. It has already accumulated massive community goodwill — and controversy over how it’s been used by individuals on websites like 4chan.

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